kitxbt retweetledi
kitxbt
18 posts


@revolutsupport No, sorry. I’ve spent all evening “talking” to crap AI agents already. Will be closing my Ultra account.
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@kitxbt Hello there. We're sorry to hear about the issues you're facing with crypto services. We would like to take a closer look into this for you, so please don’t hesitate to DM us with more information, and we will do our best to assist you. Thank you in advance.
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kitxbt retweetledi

Today, we are announcing that Backed will become part of @krakenfx. For us, this moment represents the culmination of a long and demanding journey, one shaped by a clear vision, guided by discipline, and driven by a small group of people who believed that equities deserved an open, global, onchain future.
Backed was founded in 2021 with an ambitious idea: if the internet has a native currency, it should also have native capital markets. At the time, the space for onchain equities barely existed, and yet the direction was clear to us. Just as stablecoins transformed how money moves online, tokenized equities would one day transform how people access markets. We built Backed around this conviction.
Over the years, this small but mighty team has always punched above its weight. Across engineering, operations, marketing, compliance, and product, this group designed and built a tokenization engine adopted by leading exchanges, wallets, and protocols. The work required navigating regulation that was and is still evolving and building operational systems from first principles, all while maintaining reliability. There were difficult phases, periods of low market activity, operational constraints, and moments when progress demanded hard decisions. Through all of it, the team continued to deliver. The team’s commitment and technical excellence built the foundations that made this milestone possible. To everyone on the team, past and present, thank you.
Our investors and early supporters were critical. They believed in this mission when the category was still undefined, supported us through pivots, market cycles, and the long road to regulatory and product readiness. Their patience and conviction allowed us to stay focused on building something durable rather than chasing short-term trends, and led us to where we are today. A special thanks goes to the @gnosis_ team, who supported us well beyond the role of investors at crucial moments.
The launch of @xStocksFi earlier this year was a turning point. For the first time, tokenized equities became available at scale, with more than 60 assets on day one on Kraken, deep liquidity on @solana, and global access. Adoption grew rapidly. Holders increased almost tenfold to more than 84,000, daily transaction volume exceeded 30 million dollars, total volumes crossed 12 billion dollars, and AUM reached 175 million dollars. xStocks expanded into major DeFi applications, new exchanges, and multiple chains. This confirmed what we believed from the start: global, 24/7 equities on open rails are inevitable. But to bring this to millions of users, tokenized equities require global distribution, regulatory depth, and operational scale.
Our work with Kraken began long before this acquisition. From the earliest design sessions to the rollout and expansion of xStocks, we found strong alignment, a belief in accessible markets, transparent infrastructure, and a long-term approach to building financial rails. Kraken’s platform, regulatory experience, and global reach made them the right partner from the beginning. Now we unite for the next stage. Joining forces is not a shift in mission, it is an expansion of what is now possible.
As part of Kraken, we will accelerate the adoption of tokenized equities to a far broader audience. We will work to ensure xStocks become as accessible and composable as stablecoins, operating across exchanges, wallets, and applications used every day. The mission remains the same: to make financial assets open, efficient, and easy to access. With Kraken, we can pursue it at a global scale.
To everyone who has been part of this journey, team, investors, partners, and users, thank you. Your support carried us through the most demanding stages and made this milestone possible. We are proud of what was built at Backed and excited for what comes next as part of Kraken. The mission continues. The scale evolves. Onwards.

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kitxbt retweetledi

Crypto exchange Kraken is acquiring a tokenized assets platform in a vote of confidence for stock trading tied to blockchains bloomberg.com/news/articles/…
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kitxbt retweetledi

The $MDEV Token Generation Event is coming 25.11.25.
Bringing verified human performance to Web3.
Own your data. Earn from motion.
The New Age of Performance.
#MDEV #MotionDEV #Web3 #SportsTech #DeSci
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kitxbt retweetledi
kitxbt retweetledi

🎉 Thank you for joining CryptoMondays London July Edition!
Another inspiring night in the books and we couldn’t have done it without YOU. ✨
🎤 Big love to our amazing speakers:
• @sandiforward – Head of B2B Solutions at POAP
• @BullishDumpling – KOL & Community Builder
• @MartinFromTon – Head of Growth, TON Foundation
• @LataPersson – Investor & Research Lead at Fabric Ventures
💡 Some key takeaways from the night:
🔥 SocialFi mirrors DeFi: cut out the middlemen, empower users
🔥 Hot take: Platforms shouldn’t choose who gets rewarded — users should
🚪 UX is still a hurdle — onboarding needs to be simpler
🔄 DeSo platforms risk becoming echo chambers if we don’t expand beyond crypto
📣 Every new platform = new wave of creators + formats
🛠️ Best pitch? A live MVP people can actually try
🙏 Huge thanks to our July sponsors for making this possible:
✨ @Icphub_UK
✨ @SuiNetwork
✨ @_vault12_
✨ @CUDOS_
✨ London Blockchain Conference
✨ @OVHcloud
✨ @reedsmithllp
📸 Shoutout to S. Munib Rahman for capturing the night beautifully!
💖 And thank you to the CML team for all the behind-the-scenes magic
🧡 See you at the next one in August!
🎟️ RSVP now → lu.ma/9d7a9kbx




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kitxbt retweetledi

🐙 BIG NEWS: $CCD is now listed on @krakenfx - one of the most trusted global crypto platforms!
🗓️ Trading starts July 24 | 2PM UTC
💱 Pairs: USD & EUR
This is a major milestone for Concordium, unlocking broader access to our compliance-ready Smart Money stack.
🛠️ Designed for builders, institutions, and users alike
Learn more: bit.ly/3UwAFPL
Kraken@krakenfx
📅 Incoming: $CCD @concordium launches on Kraken on July 24 Get Ready ⤵️ kraken.com/sign-up *Geographic restrictions apply
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kitxbt retweetledi

📅 Incoming: $CCD @concordium launches on Kraken on July 24
Get Ready ⤵️
kraken.com/sign-up
*Geographic restrictions apply
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@lars_sax oops, it's Kit - Head of Brand (he likes to stay out of X)
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Tag who you spot here 👀
P.S. They are the Concordium OGs from our London PayFi event.

Concordium@Concordium
📍 London got a front-row seat to the future of Smart Money. 💸 From programmable stablecoins to AI-powered payments — next-gen rails are here. TradFi is cracking. PayFi is rising. And Concordium is leading the charge. 📝 Recap the highlights from our event with @encodeclub: 🔗 bit.ly/3TCkrEu
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