Kraken Enables EU Access to Tokenized Equities via Backed Finance xStocks

Crypto exchange Kraken has launched tokenized equity trading for its European Union (EU) customers, expanding access to this innovative asset class. Supported by the Backed Finance xStocks platform, this offering provides over 60 tokenized equities mirroring company performance like Apple, Meta Platforms, and GameStop. This enables frictionless trading across time zones and opens new avenues for investment.