Kraken Introduces xStocks: A New Platform for European Investors to Access US Markets

Kraken has launched xStocks, a innovative platform offering European investors access to tokenized versions of US stocks and ETFs. This move leverages blockchain technology to simplify trading for U.S. equity markets. The platform features extended trading hours, faster settlements, and lower costs, allowing almost 24/7 access to these markets. Developed on the Solana blockchain, xStocks ensures efficient transactions and affordability. This development marks a significant step towards integrating blockchain solutions with traditional financial markets.