Kraken Launches Tokenized Stocks for Global Markets

Kraken has launched a new platform called xStocks that provides access to over 50 tokenized stocks and ETFs, including Apple and Tesla, for non-U.S. customers on the Solana blockchain. This innovative offering allows investors to trade traditional equities without the limitations of U.S.-based markets. The initiative’s goal is to enhance accessibility and streamline investment processes through blockchain technology, enabling 24/7 trading and borderless access to major companies.