DeFi-Ready Tokenised Equities

Kraken xStock

xStocks

1:1 Backed Tokenised US Equities,

Tradeable 24/5, Across Chains.

What are xStocks

xStocks are blockchain-based tokens, each backed 1:1 by underlying shares held in regulated custody, available in fractional positions 

and designed to sit seamlessly alongside existing digital assets. Dividend value is automatically reflected in your holdings, while on-chain holding and settlement bring greater flexibility to portfolio management.

 

xStocks provide onchain exposure to well-known stocks in a format that supports transfers, composability, and interaction within

decentralised finance, while preserving a direct economic link to the underlying equity.

What can xStocks do

  • Access Household Names and Index Exposure
    Apple ($AAPLx), Nvidia ($NVDAx), and other leading names 

  • Buy Fractional Positions
    Sub-share denominations at network level, in names that trade in the hundreds.

  • Redeem for Stablecoin Value
    Redeemable for the equivalent stablecoin value of the position, subject to issuer terms and eligibility.

  • Settle On-Chain
    Transfer and settle xStocks on supported blockchain networks beyond traditional market hours,
    subject to platform availability.

Subscription Options

Kraken xStocks Alpha Ladder Subscription Options

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xStocks Overview

Product Full Name:

xStocks

Underlying Assets:

Tokenised representations of publicly traded equities

Mint Ratio:

1:1 Collateralized.
Each xStock is backed by the underlying stock on a 1:1 basis.

Service Providers

Token Issuer

Backed Assets (JE) Limited, Jersey, under an EU registered prospectus. 

Token Custodian

Alpaca Securities LLC

InCore Bank AG,

Maerki Baumann & Co. AG

GTN Europe Financial Services Ltd

Blockchain / Network​

Ethereum, Solana, Arbitrum, Mantle, TON, Ink, and other EVM-compatible networks.

Token Standard​

ERC-20

xStocks provide economic exposure to the underlying securities but do not give holders legal ownership of, or shareholder rights in, the underlying shares. Read the full xStocks Product & Risk Disclosure.

Underlying Asset Details

Reference Asset

Apple Inc. (AAPL)

ISIN

US0378331005

Symbol

AAPL (Tracked 1:1)

Let’s Connect

Reach out to our team for investment inquiries, onboarding, or partnership opportunities.

Alpha Ladder Finance (ALFin), formerly known as Metaverse Green Exchange, is one of Singapore’s leading Real-World Asset (RWA) exchange, brokerage, and custody platform, licensed by the Monetary Authority of Singapore (MAS) as both a Capital Markets Services (CMS) licensee and a Recognised Market Operator (RMO) since 2021. With its patented NFDT® (Non-Fungible Digital Twin) framework, multi-cloud MPC wallets supported by licensed provider, and a rigorous on-chain KYT engine, ALFin provides institutional-grade infrastructure for tokenisation, trading, and liquidity—bridging traditional finance with digital innovation.

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The information presented here should not be construed as a solicitation, offer or recommendation to buy or sell any investment; it has not taken into account the specific investment objectives, financial situation or particular needs of any particular person. In making investment decisions, investors should not rely solely on the information on this website but should seek independent professional advice. This information presented here has not been reviewed by the Monetary Authority of Singapore (MAS).

Wil Chew

Chief Information Security Officer
Alpha Ladder Group
Wil Chew is an accomplished technology leader with deep expertise in information security, cloud infrastructure, and enterprise IT strategy. As the Chief Information Security Officer of Alpha Ladder Group, he brings over two decades of experience driving secure digital transformation across leading financial institutions and technology firms.
Prior to his current role, Wil served as Head of IT Infrastructure at Nogle Group, where he led critical initiatives to modernise and secure the group’s technology backbone. He was formerly the Head of Cloud Business at OCBC Bank, where he played a pivotal role in scaling the bank’s cloud strategy and adoption. His earlier roles include managing cloud solutions for enterprise clients at Amazon Web Services (AWS) and delivering technology consulting projects for top-tier organisations such as DBS and Accenture.
Wil holds a Bachelor’s degree in Computer Science from Nanyang Technological University, and continues to be a trusted advisor in cybersecurity, cloud architecture, and digital innovation across the financial services sector.