Kraken Taps Solana Blockchain To Roll Out Tokenized American Stocks and ETFs for Non-US Traders

Description

The San Francisco-based crypto exchange Kraken is bringing tokenized versions of popular US-listed stocks and exchange-traded funds (ETF) to its clients in select non-US markets. In a statement, Kraken says it partnered with the tokenized stocks and ETF issuer Backed to launch xStocks on the Solana ( SOL ) blockchain. xStocks, a tokenized equities brand developed by Backed, taps blockchain technology to offer tokenized versions of US-listed equities. Says Kraken Global Head of Consumer Mark Gree...