Apyx Announces Strategic Partnership with Kraken and xStocks
Following Kraken’s recent partnership with Nasdaq to build infrastructure connecting tokenized equities with blockchain networks, Apyx is excited to announce a strategic partnership with Kraken and xStocks to help expand the adoption of tokenized equity products onchain while advancing our mission of bringing enhanced digital credit yield to decentralized markets.
Together, we aim to build the financial infrastructure that will help power the next era of stablecoins and fuel the accumulation of digital assets by Digital Asset Treasuries (DATs).
Bridging Traditional Capital Structures Onchain
As part of this collaboration, Apyx is working with Kraken and xStocks to hold a significant share of its preferred equity exposure through tokenized xStocks representations. The instruments are tradable on Kraken while also available for trading onchain across decentralized exchanges. The partnership also means that Apyx will earn points as part of xStocks' recently announced xPoints points program.
This unlocks a powerful new pathway for bringing real-world financial instruments into DeFi in a transparent, programmable format.
By combining:
• Public market preferred equity
• Tokenized securities infrastructure via xStocks
• Kraken’s institutional-grade exchange and trading rails
• Apyx’s dividend-backed stablecoin architecture
We are creating a system where real balance sheet yield can move seamlessly into onchain financial markets.
Powering the Next Era of Stablecoins
The global stablecoin market already exceeds $315 billion and is widely expected to surpass $1 trillion in the coming years.
Yet most stablecoins today offer little to no native yield.
Apyx introduces a new model: Dividend-Backed Stablecoins (DBS). Instead of relying on opaque trading strategies or unsustainable incentives, Apyx sources yield from real financial instruments, including preferred equity issued by DATs.
This structure allows Apyx to deliver enhanced yield while maintaining transparency around the underlying economic engine powering the protocol.
Expanding the Digital Credit Ecosystem
Tokenizing and bringing preferred equity instruments onchain opens up additional possibilities for how these assets can participate in decentralized finance.
Over time, these instruments may be integrated across lending markets, liquidity venues, and other onchain financial applications, allowing them to serve as productive digital collateral while maintaining exposure to real-world dividend streams.
For Apyx, this expands the opportunity set for generating sustainable yield while deepening liquidity across the broader digital credit ecosystem.
A Strong Signal for the Future
Kraken is one of the longest-standing and most trusted platforms in the digital asset industry. This collaboration, alongside xStocks, represents a strong validation of the model we are building.
Together, we are working to bring a new class of yield-bearing financial primitives onchain, unlocking transparent digital credit markets that can support the next generation of stablecoins while helping DATs accumulate assets more efficiently.
The future of stablecoins will not simply be digital dollars.
It will be digital credit, programmable yield, and onchain balance sheets.
And we believe Apyx is helping build that future.