Kraken Uses Solana Blockchain to Offer Tokenized American Stocks and ETFs to Non-US Investors
Kraken has launched tokenized US stocks and ETFs on the Solana blockchain for select non-US clients.
Partnering with Backed, Kraken’s xStocks offers instant, borderless access to popular US equities as SPL tokens. Users can trade xStocks on Kraken’s platform or onchain with compatible wallets, unlocking new financial uses beyond traditional investing. Solana’s speed and global ecosystem make it ideal for this rollout, with plans to expand assets and supported regions soon.
Clever Robot News Desk 25th May 2025
