Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house

Market Intelligence Analysis

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Why This Matters

Kraken has acquired Backed Finance and its xStocks tokenized-equity platform, further expanding its presence in regulated real-world assets.

Market Impact

Market impact analysis based on bullish sentiment with 77% confidence.

Sentiment
Bullish
AI Confidence
77%

Article Context

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The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets.

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Original article published by Unknown on December 3, 2025.
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