DAOStack team's new project xStocks has reached cooperation with Kraken, Bybit and other exchanges
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币界网报道：According to Crypto Fearless, the xStocks project founded by the original DAOStack core team has recently reached cooperation with exchanges such as Kraken and Bybit to provide infrastructure services for the tokenization of US stocks on the Solana chain. DAOStack raised about $30 million through ICO in 2019, but gradually ceased operations due to the slow development of the DAO track. Public information shows that the xStocks development company Backed is led by an Israeli team and has received investment from institutions such as Coinbase. The project currently focuses on the combination of cryptocurrencies and traditional financial assets.
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