Kraken Brings Tokenized Stocks to Global Investors via Solana Blockchain

Cryptocurrency exchange Kraken is expanding access to U.S. equities for global investors, introducing tokenized stocks on the Solana blockchain. This initiative leverages the technology of Backed Finance’s xStocks platform, granting non-U.S. customers direct market participation in major companies like Apple and Nvidia. 24/7 availability will increase Solana’s blockchain activity as well as engage a broader retail investor base.