Kraken Launches Tokenized U.S. Stocks on Solana Blockchain
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2025
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Source: Coinmarketcap
Kraken's New Offering: Kraken has launched over 50 tokenized U.S. stocks and ETFs on the Solana blockchain, specifically for non-U.S. traders, including popular companies like Apple, Nvidia, and Tesla, enhancing accessibility to traditional equities.
Innovative Trading Opportunities: The initiative, named "xStocks," allows for 24/7 global trading and aims to provide a more efficient and cost-effective way for international investors to access U.S. markets, reflecting a growing trend in the tokenization of financial products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
