xBridge: Seamless Stock Transfers Between Ethereum & Solana
Update: 2025-12-12
Description
Introducing xBridge: Backed Finances Innovation for Seamless Tokenized Stock TransfersBacked Finance has launched xBridge, a groundbreaking system enabling the transfer of tokenized stocks across different blockchain networks. Collaborating with Chainlink, xBridge allows users to move xStocks, digital representations of real-world stocks or ETFs, between Ethereum and Solana blockchains. This innovation ensures that important financial events, like stock splits or dividend payments, are accurately reflected, maintaining the integrity of the asset across different digital environments. Backed Finance plans to expand xBridge to support additional blockchains, further increasing the accessibility and fluidity of tokenized stocks in the crypto landscape.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
