LIVE

MARKET CAP$2.54T+1.57%

24H VOL$111.22B+43.96%

EXCHANGES1,456

BTC DOMINANCE57.1%

ETH DOMINANCE10.6%

TOP ALTBNB (3.3%)

LIVE

MARKET CAP$2.54T+1.57%

24H VOL$111.22B+43.96%

EXCHANGES1,456

BTC DOMINANCE57.1%

ETH DOMINANCE10.6%

TOP ALTBNB (3.3%)

Home›Coin Gape›Kraken To Launch Tokenized Stocks On Solana, SOL Price Rallies

Coin Gape

Original publisher

Share:

Kraken To Launch Tokenized Stocks On Solana, SOL Price Rallies

May 22, 2025

1 min read

Kraken To Launch Tokenized Stocks On Solana, SOL Price Rallies

Kraken is proceeding with its ambitious plans to roll out tokenized US stocks for investors outside America. To achieve its plan, the exchange has lined up a raft of partnerships, but a collaboration with Solana has sent SOL prices surging. Kraken Eyes Tokenized US Equities Launch On Solana US-based cryptocurrency exchange Kraken has confirmed plans to offer tokenized US equities in select markets globally. According to a company announcement, the exchange will allow non-US investors to have access to tokenized versions of American stocks like Apple, Nvidia, and Tesla. Dubbed xStocksFi, Kraken’s new tokenized stock offering leans on key industry partnerships. Per the announcement, Kraken will launch xStockFi on Solana, with the exchange hinting at an expansion to other blockchains in the future. “With BackedFi and Kraken, tokenized US equities will soon trade on Solana – fast, borderless, and composable.” Furthermore, Kraken is tapping BackedFi for the incoming product launch,... Read More at Coingape.com

The post Kraken To Launch Tokenized Stocks On Solana, SOL Price Rallies appeared first on CoinGape.

RELATED TOPICS

proceeding ambitiouslaunchcriptorequitiesstocks investorskraken launchstockskrakencoin gaperoll tokenizedexchangeinvestorssolana soltokenized stockstokenizedsolanatokenized equitiesplansambitious planspartnershipskraken proceedingplans roll

More From Coin Gape

Crypto Tax: Form 1099-DA: What Crypto Investors Need to Know

324 days ago

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

324 days ago

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

324 days ago

View All Articles

Market Overview

Bitcoin

72,197.932.059%

Ethereum

2,226.981.612%

Binance Coin

605.482.244%

Cardano

0.2391.185%

Ripple

1.33991.155%

Subscribe to Updates

Get the latest cryptocurrency news and insights delivered directly to your inbox.

You May Also Like

Mango Markets Case: Fraud Charges Against Avraham Eisenberg Annulled

Mango Markets Case: Fraud Charges Against Avraham Eisenberg Annulled

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000