Kraken Launches Global Tokenized Stocks via Solana, Expanding Access to US Equities

Kraken has made its tokenized stock offerings available globally, excluding the United States, leveraging the Solana blockchain. This initiative marks a major shift in the stock market, providing 24/7 trading of over 50 tokenized stocks like Apple and offering unprecedented access for international investors. Kraken’s co-CEO Arjun Sethi highlights this collaboration with Backed Finance and Solana as a key step towards mainstream adoption of digital securities, while promising increased trading volumes and liquidity. This launch represents a significant development in blockchain integration within the stock market, potentially disrupting traditional brokers and ushering in a new era for global financial practices.