<ul><li>Kraken plans to offer non-U.S. customers the ability to trade tokenized versions of popular stocks like Apple, Tesla, and Nvidia on a digital ledger, aiming to simplify access to U.S. stocks for international investors.</li><li>The rollout of these tokenized equities, named 'xStocks,' will begin in Europe, Latin America, Asia, and Africa in the coming weeks, allowing 24/7 trading, with Kraken's U.S. customers not included in this offering.</li><li>The xStocks tokens on the Solana blockchain will be backed by shares of the underlying security and redeemable for the cash value of the securities, ensuring prices remain aligned with the corresponding stocks and ETFs.</li><li>Kraken's tokenized stocks are expected to benefit international investors by providing a cheaper and easier route to access the U.S. stock market, reducing fees and settlement times, with possibilities for trading on other crypto exchanges in the future.</li></ul>

Apple, Tesla, and Nvidia shares to trade as digital tokens on crypto exchange Kraken

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