US crypto exchange Kraken has officially launched its tokenized securities platform, xStocks, for eligible investors across Europe. This expansion follows a successful pilot program in June and marks a significant step towards wider adoption of blockchain-based financial products within the region. Kraken’s partnership with Backed enables users to trade tokenized certificates that track popular US equities, offering greater accessibility and flexibility compared to traditional brokerage services. 24/5 trading hours are now available through xStocks, eliminating reliance on conventional brokers or intermediaries. This empowers European clients to directly control their investments by transferring assets across compatible platforms or self-custodying their holdings.