Where can I buy tokenized stocks?

On a crypto exchange that lists them — Kraken and Bybit list xStocks (issued by Backed Finance), Binance lists its own bStocks — or directly from an issuer platform like Ondo Global Markets, which mints tokens against real shares. xStocks can also be bought on-chain via Solana DEXs once withdrawn to a wallet. Availability depends on your country, so check eligibility on the platform before funding an account.

What is the best platform to buy tokenized stocks?

There is no single best — it depends on what you want. Kraken is the volume leader for xStocks and lets you cut the roughly 1% spread to 0% by paying with USD or USDG. Binance offers its own ADGM-regulated bStocks inside the Binance ecosystem. Ondo Global Markets has the widest coverage (400+ US stocks and ETFs) with total-return tracking. All of them sell you a token backed by a share — never the registered share itself.

Can I buy tokenized stocks in the US?

Generally no. The main products are restricted for US persons: xStocks are closed to US residents (and Canadian, UK, Australian and EEA residents), bStocks are offered only in permitted jurisdictions with US persons excluded outright — reporting at launch indicated UK and European persons are excluded too — and Ondo Global Markets serves eligible non-US investors. US securities rules are the reason. Check each platform's current eligibility list for your country.

Can I buy stocks with crypto?

Yes — that is how most of these platforms work in practice. You fund the account with a stablecoin such as USDT or USDG (or fiat where supported) and buy the tokenized stock with it. On Kraken, paying with USD or USDG can bring the xStocks trading spread to 0%, versus roughly 1% otherwise.

Do I own the real share when I buy a tokenized stock?

No. You own a token backed 1:1 by a real share held in custody — you get the price exposure, but you are not on the company's share register, and shareholder rights stay with the issuer's structure. If you want actual share ownership on a crypto-adjacent platform, that is a different product: Binance Stocks offers real US equities to non-US users through a broker-dealer.

Can I withdraw tokenized stocks to my own wallet?

Yes, for both. xStocks are SPL tokens you can withdraw to a Solana wallet such as Phantom or Solflare and trade on DEXs 24/7. bStocks are BEP-20 tokens on BNB Smart Chain and can be withdrawn to any compatible wallet, then used in BSC DeFi protocols including Venus, ListaDAO, PancakeSwap and Aster. Network fees apply, and normal self-custody risk applies once the assets leave the exchange.

Can I buy tokenized stocks on Coinbase?

Not yet. Coinbase has announced tokenized stocks for non-US users but the product is not live. What Coinbase did launch (August 2026, UK) is trading in real US-listed stocks — conventional securities via a broker chain, explicitly not tokenized. Two different products; our Coinbase hub tracks the status of the tokenized one.

Where to Buy Tokenized Stocks: Best Platforms Compared

Before the platform question, be clear on the product: a tokenized stock is a token backed by a real share held in custody — you get the price exposure, usually 1:1, but you do not become a shareholder. Every platform below sells that same basic deal; they differ on issuer, regulation, coverage, hours and where your country stands. This page compares them honestly, including the products that look like tokenized stocks but are not.

The short answer, by what you want

The reference tokenized-stock venue: Kraken xStocks — the volume leader for xStocks (issued by Backed Finance, Switzerland, backed 1:1). Spread is roughly 1%, cut to 0% when you pay with USD or USDG.
xStocks plus a full crypto exchange: Bybit lists the same xStocks (TSLAX, NVDAX, AAPLX, COINX, SPYX) where eligible — one account for tokenized stocks and crypto.
Inside the Binance ecosystem: Binance bStocks — Binance's own ADGM-regulated tokenized certificates (BEP-20), trading 24/7.
The widest catalogue: Ondo Global Markets — an issuer, not an exchange: 400+ tokenized US stocks and ETFs, total-return tracking including dividends, trading 24/5.
If you actually want the real share: none of the above — that is Binance Stocks, a separate product with genuine ownership and dividends for non-US users.

Check xStocks on Bybit Check bStocks on Binance

Kraken and Ondo links on this page are plain internal links — we have no commercial relationship with them. The Bybit and Binance buttons are referral links, which never changes what we say either platform is.

The platforms compared

Tokenized-stock platforms compared on what you own, backing, coverage and access.
Platform	What you own	Issuer / backing	Coverage	Hours
Kraken xStocks	Tokenized stock	Backed Finance (CH), 1:1	Major US names (TSLAX, NVDAX, AAPLX, COINX, SPYX)	24/7 top names; on-chain always
Bybit (xStocks)	Tokenized stock	Backed Finance (CH), 1:1	Same xStocks line-up, where eligible	Per venue
Binance bStocks	Tokenized stock	BTech Holdings (ADGM), 1:1	50+ US stocks & ETFs, expanding	24/7
Ondo Global Markets	RWA	Ondo issues; Alpaca custodies, 1:1	400+ US stocks & ETFs	24/5
Coinbase	Not live yet	Announced for non-US users	—	—

How to buy tokenized stocks, step by step

Check your country first. This decides everything: xStocks are closed to US, Canadian, UK, Australian and EEA residents; bStocks are permitted-jurisdiction only (US persons excluded, and reportedly UK and EU persons too); Ondo is non-US only. Eligibility lists change, so confirm on the platform — not on third-party write-ups, including ours.
Open and verify an account on the venue that fits from the list above.
Fund it. USD or a stablecoin such as USDT or USDG is the standard route. On Kraken, paying with USD or USDG can bring the xStocks spread to 0%, versus roughly 1% otherwise.
Buy the token like any listed asset — search the ticker (TSLAX, NVDAX, AAPLX…) and place the order. Fractional sizes are supported.
Optional: self-custody. xStocks are SPL tokens you can withdraw to a Solana wallet (Phantom, Solflare) and trade on DEXs 24/7 — at the cost of taking on smart-contract and wallet risk yourself.

Tokenized stocks list: the main tickers

The xStocks line-up that trades on Kraken and Bybit covers the five majors — each has its own deep guide on this site: TSLAX (Tesla), NVDAX (NVIDIA), AAPLX (Apple), COINX (Coinbase) and SPYX (S&P 500 ETF). Beyond those, Ondo Global Markets issues 400+ tokenized US stocks and ETFs — the broadest list in the market. Line-ups change, so treat any list (ours included) as a snapshot and check the platform for what is live today.

Products that look similar but are not tokenized stocks

Three things get confused with tokenized stocks, and the confusion costs money. Bybit's TradFi product is CFDs and perps with up to 500x leverage — you own nothing and can lose more than your margin. Hyperliquid's equity markets are perpetual futures — leveraged price contracts, no backing, no token representing a share. And Coinbase's August 2026 launch of US stock trading in the UK is real, conventional securities through a broker chain — nottokenized stocks; its tokenized product remains announced-but-not-live. If a page doesn't tell you which of these you are buying, that is a reason to distrust the page.

The honest risk paragraph

Whichever platform you pick, the structural risks are the same family: your exposure rests on the issuer's solvency and the custody behind the 1:1 backing; you do not get the investor-compensation protections of a regulated brokerage account; regulation of tokenized securities is still forming; and a token is never the registered share. Tokenized stocks are a crypto-market product with equity price exposure. Size positions accordingly, and read what you actually own before you buy. This is general information, not investment advice.

Where to buy tokenized stocks