Mark Greenberg, global head of consumer at Kraken, said xStocks are part of a strategy to “reimagine equities investing” and may eventually trade on other crypto exchanges and be transferable to personal digital wallets

Quotes that support claims

We’re reimagining equities investing and ushering in a new wave of demand from clients seeking better alternatives to the status quo,” Mark Greenberg, Kraken’s global head of consumer, said.

Investors holding xStocks may eventually be able to trade them on crypto exchanges besides Kraken. They could move them into personal digital wallets where they hold their cryptocurrencies.