Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
62.63%
Bitcoin Share
BitcoinSistemi 2025-05-25 19:12:07

Cryptocurrency Exchange Kraken Chooses This Altcoin for Tokenized US Stocks, a First of Its Kind

Cryptocurrency Exchange Kraken Chooses This Altcoin for Tokenized US Stocks, a First of Its Kind

Cryptocurrency exchange Kraken is joining forces with tokenized stock issuer Backed and the Solana Foundation to launch digital assets representing U.S. stocks and ETFs on the Solana blockchain. The new platform has been announced as “xStocks” and the first tokenized assets will be offered via the Kraken app to eligible users in select non-US markets via the SPL standard. The new partnership was announced at the Solana Accelerate event in Lisbon. According to the project, Backed will bring digital representations of US-listed stocks and ETFs to the Solana blockchain. These assets will be offered to investors under the brand name “xStocks” and will be available initially through the Kraken platform. Related News: Giant Whale Trader James Wynn Closes Big Long Position in Surprise Altcoins - Here's His Profit Kraken chose Solana as the blockchain on which to launch xStocks, citing Solana’s high transaction performance, low latency, and vibrant global ecosystem. The Solana Foundation said Solana is the most widely used public blockchain in the world, making it ideal for delivering internet-scale financial solutions. Mark Greenberg, Kraken Global Head of Consumer, said the following about the new initiative: “We are reshaping stock investing. Access to traditional U.S. stocks is still slow, costly, and restrictive. With xStocks, we are delivering a more open, instantaneous, accessible, and cross-border investment experience with blockchain technology. This is the future of investing.” *This is not investment advice. Continue Reading: Cryptocurrency Exchange Kraken Chooses This Altcoin for Tokenized US Stocks, a First of Its Kind

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.