Kraken said that stocks will be represented on Solana using SPL tokens, a token standard mirroring ERC-20 tokens on Ethereum.
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Kraken to Offer Tokenized Stock Trading on Solana to Overseas Customers
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Kraken and Backed selected Solana as the initial blockchain for xStocks based on its unmatched performance, low latency and thriving global developer ecosystem
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Kraken's tokenised stocks will be issued on Solana as SPL tokens, a standard similar to Ethereum’s ERC-20, and are reportedly expected to be tradable at any time
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