edward 📈

Head of Growth - @xStocksFi @ @krakenfx, ex. @ready_co, @nansen_ai & @OneBalance_io will occasionally tweet about Burnley FC and lose money at @WizardHatCap 🪄

[edward 📈 @EdwardCWilson]

pretty cool to see VB rt the content I did

[edward 📈 @EdwardCWilson]

@krakenfx soon?

[edward 📈 @EdwardCWilson]

this is probably a good time to announce that I've joined @krakenfx as the head of growth for @xStocksFi

tokenized SpaceX ($SPCXx) is coming soon with 24/7 trading

that's pretty cool

[xStocks @xStocksFi]

$SPCXx launching soon.

Trading 24/7 when it's live.

Only with xStocks

[xStocks @xStocksFi]

An IPO in New York. Access the offering price from anywhere in the world.

That's what xStocks is unlocking.

Tokenized US listed IPO access for retail investors globally, coming soon to Kraken and select xStocks Alliance members.

→ https://t.co/6bOenjwwgu

[xStocks @xStocksFi]

xStocks markets on Kamino have crossed $30M in total market size.

Kamino unlocks new ways to use tokenized equities across 24/7 capital markets.

[xStocks @xStocksFi]

This is where tokenized equities get interesting.

Not just assets. Building blocks.

@Valgui1 joined Apyx Alpha to talk through what xStocks unlocks next.

[xStocks @xStocksFi]

Tokenized equities and ETFs are one of the fastest growing sectors onchain.

With @lifiprotocol Intents launch, the 1000+ partners that have already integrated https://t.co/U4MoAm5i29 will soon be able to offer one-click access to xStocks across supported chains.

[Star_OKX @star_okx]

Looking forward to seeing xStocks on X Layer, bringing tokenized equities and RWA assets into the ecosystem.

[xStocks @xStocksFi]

Onchain markets are opening up.

@XLayerOfficial Exchange OS lets any builder deploy spot, perpetuals, or outcomes markets.

Open-protocol, permissionless infrastructure.

Tokenized equities and ETFs are part of what comes next.

[xStocks @xStocksFi]

More companies are bringing tokenized equities into the financial system with xStocks.

Tokenized stocks and ETFs with 24/7 access, built for how value moves today.

100+ assets. 100K+ holders. All onchain.

[xStocks @xStocksFi]

373 holders a year ago. 44,400 today.

Tokenized equities aren't a concept anymore.

$SPYx and $QQQx are leading the category, and every major equity that comes on-chain from here adds to that number.

This is still early.

[xStocks @xStocksFi]

Join xStocks for happy hour drinks during @money2020 Europe.

$30B+ in volume. 100+ tokenized equities and ETFs, available worldwide.

The people reshaping how markets work, in one room.

[xStocks @xStocksFi]

xStocks are live today in @BitgetWallet

90M self-custodial users can now access tokenized stocks and ETFs directly in their @BitgetWallet.

24/7 access to $TSLAx, $NVDAx, $SPYx and hundreds more with full self-custody.

[xStocks @xStocksFi]

How Kamino Turned xStocks Into a Lending Market

Most DeFi lending markets spend months trying to hit 50% utilization. @kamino launched a market with xStocks as collateral and quickly hit 92%.

That's not an accident.

It's the result of a product structure that connects real yield to real demand, reinforced by the right incentives at the right time. Kamino had already built one of Solana's largest lending protocols before xStocks arrived. When tokenized equities went live onchain, the demand for lending and borrowing followed almost immediately.

The xStocks market on Kamino
Kamino started as a single, monolithic lending market on Solana and has since expanded into modular, asset-specific markets. The xStocks market is one of those: built specifically around xStocks as collateral.

The mechanics are straightforward:
> Deposit xStocks assets like $SPYx or $QQQx
> Borrow USDC or other stablecoins against them
> Deploy that capital however you want

For traders who want leveraged long exposure to tokenized equities, it's a cheaper alternative to perpetual futures. @DeusNero, core contributor at Kamino, joined Tokenized Talks to walk through the mechanics.

On a PerpDEX, funding rates get expensive over time. A position you plan to hold for weeks gets eaten by those rates. On Kamino, the borrow APY is more predictable and generally much lower.

"You would prefer to go long or short with lower leverage on Kamino if you're looking to hold a position for a long time," @DeusNero said.

As of April 2026, $6.3M USDC was supplied, and $5.75M was borrowed, resulting in a 92% utilization rate. At that level, lenders are generating meaningful yield just by depositing USDC into the market.

How users are borrowing against tokenized stocks
Most users are running straightforward leveraged longs. They deposit $SPYx or $QQQx, borrow USDC, and redeploy. Some use the structure for pair strategies, going long one tokenized asset while managing short exposure elsewhere.

That activity picked up significantly after xPoints launched. Before the program, the market was live but not particularly deep. After, it doubled in size. Kamino's xStocks volume now exceeds what some centralized exchanges are doing with the same assets during an ongoing incentives campaign.

The program changed behavior by giving users a reason to put xStocks to work rather than just holding them. Depositing as collateral, borrowing against it, maintaining utilization: all of that became rewarded activity.

What this means for tokenized equities in DeFi
The Kamino case shows a pattern worth paying attention to. xStocks usage grows when protocols build real products on top of the underlying access. That, paired with a $40,000 in onchain incentives, doubled a lending market that now outperforms two major CEXs on the same assets.

At 92% utilization with $6.3M supplied, the market is already constrained. More suppliers means more borrowing capacity, which means more strategies available to traders.

That's the next chapter: the same assets, more depth, more use cases built on top.

[xStocks @xStocksFi]

xStocks x Franklin Templeton

Seven @FranklnTempletn ETFs are coming to xStocks, bringing institutional-grade exposure to U.S. equities, gold, senior loans, and income strategies directly onchain.

This is what institutional-grade tokenization should look like.

[edward 📈 @EdwardCWilson]

@olliegarch so thankful it's difficuilt to get to lmao

[Payward @Payward]

We're acquiring Reap.

Card networks. Banking rails. Blockchains. One platform. Stablecoin-powered.

@reapglobal expands @PaywardServices with globally regulated card issuance and stablecoin payments. Financial infrastructure for the next era of global payments.

https://t.co/kpfjpM1Yfr

[edward 📈 @EdwardCWilson]

@CarlosMoralesG_ JW Anderson collection with Uniqlo hit that lower range so incredibly well + on the premium side, there's a great brand called "Natalino" - cheaper than Drakes, without compromising on the quality and cut

[edward 📈 @EdwardCWilson]

@litocoen @sshxbt @ethena the king is back, baby

[Ready @ready_co]

Introducing Ready Rewards 💎

From Claude to coffee, use points to pay

Earn points buying and selling crypto, or by spending with a Ready Metal card

Coming soon: Discounted Claude, Netflix and Spotify subscriptions. Learn more below 👇