Kraken Expands Tokenized Securities Trading to Europe with xStocks

US-based crypto exchange Kraken has expanded its offering of tokenized securities in Europe, marking a significant step forward for the industry. The platform now offers xStocks, Backed’s tokenized stock offerings, to eligible European investors after initially launching it in June. 🤯 This expansion follows months of teasing by Kraken on the Solana blockchain in May, planning global rollout across over 140 countries.