Kraken to Offer Tokenized Stock Trading for Non-US Users via Solana and Backed

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Bitcoinist 1d ago

Kraken to Offer Tokenized Stock Trading for Non-US Users via Solana and Backed - Bitcoinist

Quick Summary:

Crypto exchange Kraken is preparing to launch tokenized stock trading for non-US users, a move aimed at expanding retail and institutional access to US equities in digital form.

The upcoming offering will include tokenized shares of major companies like Apple, Tesla, Meta, and Nvidia, among others.

Developed in collaboration with blockchain firm Backed, the new product, branded as “xStocks,” will be available to users across Europe, Latin America, Africa, and Asia in the coming weeks.