Kraken Introduces Tokenized Securities for European Investors

US-based crypto exchange Kraken has launched tokenized securities for eligible investors in Europe, marking a significant step towards bridging the gap between traditional stock markets and blockchain technology. This innovative offering, dubbed xStocks, aims to streamline access to over 50 US stocks, allowing seamless trading around the clock. By utilizing the Solana blockchain, Kraken aims to offer European investors a more accessible and flexible investment experience compared to traditional financial services. The platform’s goal is to empower investors with greater control and flexibility in their investments.