Cryptocurrency exchange BitMart is expanding its product offering beyond crypto, giving users access to tokenised blue-chip stocks and ETFs from traditional finance. This has come as a result of a new partnership with Backed, the tokenised stocks issuer, which has, in turn, seen BitMart join xStocks, a network of infrastructure, exchanges, and platforms.
Backed’s xStocks offers tokenised representations of over 60 stocks and ETFs, including Tesla, Coinbase, Robinhood and more, all backed one-to-one by the underlying asset and accessible via centralised and decentralised crypto exchanges and top DeFi protocols. Launched in June 2025, xStocks are available to trade on Kraken, ByBit, and other major exchanges, in addition to BitMart.
Nenter (Nathan) Chow, Global CEO of BitMart, said: “The true innovation in tokenised assets lies not only in their digitisation, but in rendering them fluid, borderless, and universally accessible to all market participants. By integrating tokenised stocks into BitMart’s ecosystem, we are not just expanding our product suite – we are forging a seamless convergence of traditional and on-chain finance, democratising sophisticated strategies and opportunities that have long been confined to institutional investors.
“This collaboration empowers our global community and represents a pivotal advancement toward a more interconnected, transparent, and efficient global financial architecture, where value creation is unbound by legacy constraints.”
This integration empowers BitMart’s global user base to access tokenised equities with the speed and transparency of blockchain technology. Traders can engage with these assets as spot tokens, enjoying seamless execution, fractional ownership, and the flexibility to transfer xStocks permissionlessly into DeFi protocols on Solana.
Adam Levi, co-founder of Backed, added: “The rapid adoption of xStocks on platforms like BitMart proves that demand for real-world assets on-chain is no longer a niche concept—it’s a clear industry shift. We’re moving beyond a world of isolated silos and toward a future where capital flows freely, permissionlessly, and with unprecedented efficiency.
“Our goal has always been to make high-quality assets available on the platforms where users already are, and this partnership is a major milestone in that journey, solidifying the role of tokenised assets in the next era of global finance.”
BitMart is now the ninth exchange to offer xStocks since launching over a month ago. The product line has already gained significant traction, surpassing 25,000 unique on-chain holders and $400million in total on-chain transaction volume. This rapid expansion highlights the strong market demand for tokenised stocks and ETFs.
Looking ahead, xStocks plans to expand its reach by launching on additional EVM, including BNB Chain. This strategic growth, paired with new exchange partnerships like BitMart, underscores the goal of making tokenised assets available to a wider audience. BitMart joining the xStocks Alliance, alongside Kraken, Bybit, Kucoin, Bitget, Gate, LBank and VALR, signals a continuation in the evolution of tokenised equities.
