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Ad Home / Crypto News / xStocks Brings 1,100+ Tokenized Equities Natively to Monad at Open Conference xStocks Brings 1,100+ Tokenized Equities Natively to Monad at Open Conference 06 Oct, 2026 Updated 06 Oct, 2026 By Pardon Joshua Pardon Joshua
Pardon Joshua Ngushual is a B2B crypto content writer and SEO/AEO specialist with over five years of experience covering blockchain, digital assets, and Web3 markets. He writes for leading crypto publications including CoinGape, CoinMedium, CoinNewsSpan, UnoCrypto, The Crypto Times, and Token Minds, with a portfolio spanning breaking news, market analysis, price predictions, prediction markets, and long-form editorial features on stablecoins, real-world assets (RWA), and blockchain PR. An Ahrefs-certified marketing professional, Pardon combines editorial craft with data-driven search strategy, building reusable content frameworks and optimizing for both traditional SEO and emerging AI-answer engines. He has developed full editorial pipelines aligned to strict publication house styles and delivered content audits and SEO strategy proposals for fintech and crypto clients. Read full bio Copied! Why Trust CoinGape CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information. Highlights
xStocks, the tokenized equity platform by Payward (Kraken’s parent company), has announced a native deployment on Monad, bringing more than 1,100 tokenized US stocks and ETFs onto the high-throughput EVM chain
Val Gui of xStocks made the announcement on stage at Monad’s Open conference in Singapore on October 6, 2026
The move marks a significant step in the race to capture RWA liquidity on next-generation blockchains
The announcement goes beyond a simple bridge integration. Native issuance means xStocks tokens will be minted and settled directly on Monad
That opens the door for DEXs, lending markets, and wallets on the chain to route equity exposure without relying solely on cross-chain bridges
Val Gui called the move “just the beginning,” adding that the possibilities on Monad are “open as the chain builds infrastructure for the next generation of finance.” xStocks followed up on X, confirming, “We’re bringing tokenized stonks to Monad.”
For context, xStocks issues 1:1-backed tokenized US equities and ETFs that are transferable and DeFi-composable
They are available across 110+ countries, tradable 24/7, and accessible fractionally from $1. The xStocks product, built by Backed Finance, has already surpassed $25 billion in transaction volume and lists over 1,100 stocks and ETFs on its platform
Monad already appears among supported chains on the xStocks site alongside Ethereum, Solana, BNB Chain, Mantle, and Arbitrum
So the Singapore stage moment is the formal native push, not a first rumor
Monad’s mainnet launch went live in late November 2025, backed by a Paradigm-backed $225 million raise and a Coinbase token sale that made Monad the platform’s first project
Since then, the chain’s TVL crossed $400 million, supported by deep stablecoin liquidity, the precise foundation xStocks needs for smooth equity mint-and-redeem operations
The chain has also sharpened its security posture and expanded its tooling base. Monad’s acquisition of developer tooling project Ponder shows it is building for the long term, not just riding the RWA wave
This deployment lands as Aave governance already discusses an Aave V4 deployment on Monad built around a tokenized-equities hub, SPYx, QQQx, NVDAx, TSLAx, and USDC/USDT0 as cash equivalents
That proposal treats xStocks liquidity and weekend mint/redeem limits as core risk points. A native xStocks Monad deployment directly addresses those depth concerns. It also raises the ceiling for DeFi TVL on the chain
The broader TradFi convergence matters here. Nasdaq’s investment in Payward, a $100 million stake that values Payward at $21 billion, signals institutional confidence in the tokenized equity stack
Payward and Ledger’s partnership now enables hardware custody for tokenized stocks, letting users hold xStocks in cold storage
Meanwhile, Kraken offers unified stock and xStocks trading across the EEA, over 7,000 US stocks and 700+ xStocks in a single regulated account. Each layer tightens the rails between TradFi instruments and on-chain infrastructure
There are risks investors should keep in mind. Tokenized equities do not confer voting rights. Mint and redeem pauses when underlying markets are closed, which creates weekend price gaps
Eligibility is geo-restricted. MON also faces scheduled token unlocks later in 2026, a supply overhang the market has already priced in
Until live contract addresses are published, the 1,100-ticker figure should be attributed to the stage announcement alone
That said, where tokenized stocks trade has until now been dominated by centralised exchanges. A native, DeFi-composable launch on a high-throughput L1 shifts that dynamic
Combined with the ecosystem’s stablecoin base and the Aave V4 proposal, the xStocks announcement positions Monad’s MON price as a direct beneficiary of rising RWA-driven TVL
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information
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