Kraken Expands xStocks to Europe: Competition Heats Up for Tokenized Equities

Crypto exchange Kraken is expanding its tokenized stock service, xStocks, to investors across the European Union. This move comes amidst a surge in competition from platforms like Robinhood and Gemini, both vying to capitalize on the growing demand for tokenized equities in Europe. The expansion signifies a shift in capital markets as companies seek to navigate evolving regulatory environments.