A NEW ONE
RWA · Stocks / ETF · xStocks on Arc · settled in USDC

US stocks and ETFs,
on Arc.

Over a thousand xStocks: tokens that each track one share of a US stock or ETF, held 1:1 with regulated custodians and issued by Backed Assets (JE) Ltd, a Kraken company. Every card reads the issuer's live reference price, proof of reserves and market hours. On Arc they trade in USDC, around the clock, from your own wallet. A NEW ONE is the interface, not the issuer.

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Checking Arc… Reading the issuer's deployments and the Arc chain for the stock tokens.
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How a stock token works

1 · THE TOKENOne token, one shareBacked buys the share and keeps it with a regulated custodian in a segregated account; the token is a tracker certificate on it, redeemable with the issuer. Proof of reserves is published per stock and shown on each card. No voting rights; dividends are reinvested into the token's balance.
2 · ON ARCTrade in USDC, 24/7The tokens are plain ERC-20s, so on Arc they trade in Uniswap pools against USDC from any wallet, at any hour. The pool price can stray from the exchange price when the market is closed; both are on the card, and the quote shows the difference before you sign.
3 · THE WRAPPERWhy you receive wTSLAx, not TSLAxDividends and splits change xStock balances automatically. Pools cannot hold a token whose balances move, so they hold the wrapped, non-rebasing version (ERC-4626). It is worth exactly the same share; the card shows your holding either way and can wrap or unwrap in one click.

Issuers on Arc

XSTOCKS · BACKED, A KRAKEN COMPANY1,100+ stocks and ETFsJersey-registered issuer, Liechtenstein FMA-approved base prospectus, 1:1 custody with Alpaca, Chainlink reserves and bridge. Live on Ethereum, Solana, Arbitrum, BNB Chain, Mantle, Ink, X Layer, Optimism, HyperEVM, Monad, TON and Tron; Arc next. xstocks.com ↗
DINARI · DSHARES700+ US stocks and ETFs, live on Arc since 16 September 2026SEC-registered transfer agent, broker-dealer orders in USDC with the issuer's own KYC and dividends paid in USDC. A NEW ONE's order flow is built and awaiting partner access; it opens here the day Dinari switches it on. dinari.com ↗