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Kraken launches xStocks, offering tokenized Apple, Tesla, and Nvidia shares for trading globally, except in the U.S.
Kraken, a cryptocurrency exchange, plans to launch tokenized stocks and ETFs, including shares of Apple, Tesla, and Nvidia, for customers outside the U.S.
The product, called xStocks, will be available on the Solana blockchain and offer trading 24/7.
The tokens, backed by actual shares, will be available in Europe, Latin America, Africa, and Asia, but not in the U.S. due to regulatory challenges.
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Kraken lanza xStocks, ofreciendo acciones tokenizadas de Apple, Tesla y Nvidia para el comercio a nivel mundial, excepto en los Estados Unidos.