kitxbt

Head of Growth @TheGridData

[The Grid @TheGridData]

The Grid's validated metadata is now available in the @TryCodex API, the data layer behind some of crypto's biggest wallets, exchanges, and aggregators. Token info, asset deployments across chains, and issuer details. All in one place.

[Ayşegül Şensoy @aysegulsensoy]

It's real. Announced Friday in Istanbul as part of the Türkiye Century investment package. Here's what's actually in it and why it matters for the kind of country we can build from here:
https://t.co/rQdp66xz2f

[mert @mert]

not sure if real, but if true, this could be colossal

turkiye has a great airline, insane food, lots of variety in nature/history/terrain, several solid cities (istanbul, izmir, bodrum, antalya), talented young folks, and connects europe and asia

also many cute cats

[The Grid @TheGridData]

Every Web3 builder is filling in the same forms and Airtables. Over and over. Feeding data black holes.

That's the problem we're solving: write once, read everywhere.

To that end, we updated our purpose.
Make Web3 useful, visible, and actionable: not just speculative.

[kitxbt @kitxbt]

@revolutsupport No, sorry. I’ve spent all evening “talking” to crap AI agents already. Will be closing my Ultra account.

[kitxbt @kitxbt]

Super bearish on @Revolut crypto. I’m an Ultra member and go through all approval processes and yet they hold small transactions, presumably because I’m sending to Binance.

Help centres completely unhelpful.

Pathetic.

[kitxbt @kitxbt]

@baseduk_ Me

[kitxbt @kitxbt]

@BackedFi @krakenfx 👏🏻👏🏻👏🏻

[Backed @BackedFi]

Today, we are announcing that Backed will become part of @krakenfx. For us, this moment represents the culmination of a long and demanding journey, one shaped by a clear vision, guided by discipline, and driven by a small group of people who believed that equities deserved an open, global, onchain future.

Backed was founded in 2021 with an ambitious idea: if the internet has a native currency, it should also have native capital markets. At the time, the space for onchain equities barely existed, and yet the direction was clear to us. Just as stablecoins transformed how money moves online, tokenized equities would one day transform how people access markets. We built Backed around this conviction.

Over the years, this small but mighty team has always punched above its weight. Across engineering, operations, marketing, compliance, and product, this group designed and built a tokenization engine adopted by leading exchanges, wallets, and protocols. The work required navigating regulation that was and is still evolving and building operational systems from first principles, all while maintaining reliability. There were difficult phases, periods of low market activity, operational constraints, and moments when progress demanded hard decisions. Through all of it, the team continued to deliver. The team’s commitment and technical excellence built the foundations that made this milestone possible. To everyone on the team, past and present, thank you.

Our investors and early supporters were critical. They believed in this mission when the category was still undefined, supported us through pivots, market cycles, and the long road to regulatory and product readiness. Their patience and conviction allowed us to stay focused on building something durable rather than chasing short-term trends, and led us to where we are today. A special thanks goes to the @gnosis_ team, who supported us well beyond the role of investors at crucial moments.

The launch of @xStocksFi earlier this year was a turning point. For the first time, tokenized equities became available at scale, with more than 60 assets on day one on Kraken, deep liquidity on @solana, and global access. Adoption grew rapidly. Holders increased almost tenfold to more than 84,000, daily transaction volume exceeded 30 million dollars, total volumes crossed 12 billion dollars, and AUM reached 175 million dollars. xStocks expanded into major DeFi applications, new exchanges, and multiple chains. This confirmed what we believed from the start: global, 24/7 equities on open rails are inevitable. But to bring this to millions of users, tokenized equities require global distribution, regulatory depth, and operational scale.

Our work with Kraken began long before this acquisition. From the earliest design sessions to the rollout and expansion of xStocks, we found strong alignment, a belief in accessible markets, transparent infrastructure, and a long-term approach to building financial rails. Kraken’s platform, regulatory experience, and global reach made them the right partner from the beginning. Now we unite for the next stage. Joining forces is not a shift in mission, it is an expansion of what is now possible.

As part of Kraken, we will accelerate the adoption of tokenized equities to a far broader audience. We will work to ensure xStocks become as accessible and composable as stablecoins, operating across exchanges, wallets, and applications used every day. The mission remains the same: to make financial assets open, efficient, and easy to access. With Kraken, we can pursue it at a global scale.

To everyone who has been part of this journey, team, investors, partners, and users, thank you. Your support carried us through the most demanding stages and made this milestone possible. We are proud of what was built at Backed and excited for what comes next as part of Kraken. The mission continues. The scale evolves. Onwards.

[kitxbt @kitxbt]

@business Congrats @BackedFi

[Bloomberg @business]

Crypto exchange Kraken is acquiring a tokenized assets platform in a vote of confidence for stock trading tied to blockchains https://t.co/BOIDkBuvrn

[Concordium @Concordium]

🌍 Everything around us is getting smarter.

From phones and homes to cities and economies.

Now that same wave of intelligence has reached money itself, transforming not just how we move value, but what value truly means.

[CryptoMondays London @CML_LDN]

🎉 Thank you for joining CryptoMondays London July Edition!
Another inspiring night in the books and we couldn’t have done it without YOU. ✨

🎤 Big love to our amazing speakers:
• @sandiforward – Head of B2B Solutions at POAP
• @BullishDumpling – KOL & Community Builder
• @MartinFromTon – Head of Growth, TON Foundation
• @LataPersson – Investor & Research Lead at Fabric Ventures

💡 Some key takeaways from the night:
🔥 SocialFi mirrors DeFi: cut out the middlemen, empower users
🔥 Hot take: Platforms shouldn’t choose who gets rewarded — users should
🚪 UX is still a hurdle — onboarding needs to be simpler
🔄 DeSo platforms risk becoming echo chambers if we don’t expand beyond crypto
📣 Every new platform = new wave of creators + formats
🛠️ Best pitch? A live MVP people can actually try

🙏 Huge thanks to our July sponsors for making this possible:
✨ @Icphub_UK
✨ @SuiNetwork
✨ @vault12
✨ @CUDOS_
✨ London Blockchain Conference
✨ @OVHcloud
✨ @reedsmithllp

📸 Shoutout to S. Munib Rahman for capturing the night beautifully!

💖 And thank you to the CML team for all the behind-the-scenes magic

🧡 See you at the next one in August!
🎟️ RSVP now → https://t.co/4IZNI5eO4n

[Concordium @Concordium]

🐙 BIG NEWS: $CCD is now listed on @krakenfx - one of the most trusted global crypto platforms!

🗓️ Trading starts July 24 | 2PM UTC
💱 Pairs: USD & EUR

This is a major milestone for Concordium, unlocking broader access to our compliance-ready Smart Money stack.

🛠️ Designed for builders, institutions, and users alike

Learn more: https://t.co/rg4ZxJfJvm

[Kraken @krakenfx]

📅 Incoming: $CCD @concordium launches on Kraken on July 24

Get Ready ⤵️
https://t.co/17d15mM6ED

*Geographic restrictions apply

[kitxbt @kitxbt]

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