Kraken's xStocks Integrates with CoinRoutes to Give Institutional Traders Access to Tokenised Equities | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

xStocks, the tokenised US equities and ETF platform owned by crypto platform Kraken, announced an integration with CoinRoutes on Tuesday.

The move is expected to enable sophisticated traders to incorporate tokenised stocks and ETFs into multi-asset and algorithmic strategies alongside perpetual futures, crypto options, CME-listed commodities, and traditional equities.

On Tuesday, the integration went live for CoinRoutes clients globally, allowing institutional traders to run spread strategies across tokenised equities, their underlying counterparts, and related derivatives from a single interface.

CoinRoutes provides smart order routing, liquidity aggregation, and multi-asset algorithms designed to capture pricing inefficiencies across fragmented markets, with connectivity to more than 60 venues and support for thousands of instruments.

Since launching in June 2025, xStocks has processed over $28 billion in combined transaction volume and grown to more than 100,000 unique holders across blockchain ecosystems.

Val Gui, General Manager of xStocks, commented: "Integrating with CoinRoutes brings institutional-grade execution to tokenized equities and unlocks new trading strategies across onchain and traditional markets, moving us closer to fully integrated, 24/7 capital markets."

Ian Weisberger, Chief Executive of CoinRoutes, said: "By integrating with xStocks, we're giving our clients efficient, institutional-grade access to these instruments while maintaining the execution quality and control they expect from CoinRoutes.