Kraken to launch tokenized stock trading for Apple, Nvidia, and others outside US

Description

Kraken plans to launch tokenized stock trading for more than 50 equities and ETFs outside the US, in partnership with Backed and integrated with Solana DeFi apps.

Authors

RT Watson

Publish date

May 22, 2025

Publisher

The Block

Web archive URL

https://archive.is/PVR1I

Web URL

https://www.theblock.co/post/355416/kraken-to-launch-tokenized-stock-trading-for-apple-nvidia-and-others-outside-us-wsj

Referenced by

Kraken partners with Backed to offer US tokenised stocks on Solana

Crypto news

News story

In March, Kraken agreed to acquire U.S. retail futures platform NinjaTrader for $1.5 billion as part of its multi-asset strategy, which includes equities trading and payments.

Crypto news

Quote

Backed is thrilled to unveil xStocks, a new line of over 55 tokenized stocks and ETFs, set to launch soon on Kraken and integrated with Solana’s best DeFi apps,”

Crypto news

Quote