Kraken Seeks SEC Approval for Tokenized Stocks on Blockchain

Crypto exchange Kraken is at the forefront of a new debate in finance: tokenizing traditional stocks. In a recent meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, Kraken explored how to bring Wall Street assets onto blockchain platforms through tokenization. The discussion focused on Kraken’s proposed system for trading these tokenized securities and its potential regulatory hurdles.