Crypto KOL @_FORAB explains how platforms like Kraken and Bybit enable crypto-stock trading.  
A Swiss parent company controls Jersey-based Backed Assets, buying stocks via IBKR Prime.  
Stocks are held in Clearstream (Deutsche Börse’s depository), triggering Solana smart contracts.  
For every 1,000 Tesla shares, 1,000 TSLAx tokens are minted 1:1.  
Backed manages the token contract, letting exchanges list these tokens.  
Holders can redeem TSLAx for real Tesla shares through Backed.  
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