Kraken Launches xStocks Platform, Achieving $14 Billion in Trading Volume
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 25 2025- Expansion of Asset Tokenization: Mark Greenberg, Kraken's global head of consumer, states that tokenization technology allows users to instantly save and transfer various assets, including Tesla stocks and Bitcoin, prompting a redefinition of money and enhancing user flexibility in asset management.
- Surge in Trading Volume: Since its launch in Q2 2025, Kraken's xStocks platform has attracted over 80,000 wallets and generated approximately $14 billion in trading volume, demonstrating the rapid growth potential of tokenized stock services within crypto exchanges.
- Intensifying Industry Competition: Coinbase and Gemini have also introduced tokenized stocks and prediction markets, reflecting the broader trend in the crypto industry to create comprehensive financial platforms that compete with traditional brokerage services, further diversifying the market.
- Future Growth Expectations: According to RWA.xyz data, nearly $415 billion worth of real-world assets are currently tokenized on-chain, with Boston Consulting Group estimating this figure could reach $16 trillion by 2030, indicating the immense growth potential of the tokenization market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
