Which crypto exchanges offer tokenized stocks?
Quick Answer
As of 2026, major platforms carrying tokenized US stocks include Bybit, Gate, Binance and Kraken, mostly via the xStocks product line covering 100+ stocks and ETFs like Tesla, NVIDIA, Apple and the S&P 500. Availability depends on your country.
TL;DR
Bybit, Gate, Binance, Kraken lead the list via xStocks — 100+ tickers, but not in the US/UK/Canada/Australia.
Key Takeaways
- 1xStocks (issued by Backed Finance) is the dominant product line
- 2Coverage spans major stocks and ETFs, expanding toward 500+ tickers
- 3Not available to US, UK, Canadian or Australian users
- 4Lineups change fast — check the exchange's listing page directly
Full Explanation
The tokenized-equity wave consolidated around xStocks, issued by Swiss-regulated Backed Finance and distributed through major exchanges: Bybit and Gate were early adopters, Binance joined the distribution, and Kraken went deepest — acquiring xStocks and expanding to 100+ stocks and ETFs with a stated path beyond 500. Some platforms now layer derivatives on top, like 24/7 perpetuals on tokenized tickers.
What you'll find listed: the magnificent-seven names (Tesla, NVIDIA, Apple, Alphabet), index ETFs like the S&P 500, and even a gold ETF token. Trading works like any spot pair — typically against USDT — with fractional amounts from about a dollar.
Two caveats before you pick a platform. Geography first: these products exclude US, UK, Canadian and Australian users, and each exchange applies its own country list on top. Velocity second: this market moves fast — lineups, regions and products change month to month, so treat any list (including this one) as a snapshot and verify on the exchange's own tokenized-stocks page. Our exchange reviews flag which platforms currently support them. Educational information, not financial advice.