<ul><li>Kraken is set to introduce xStocks, a brand of tokenized equities developed by Backed, to select non-U.S. markets worldwide.</li><li>xStocks assets will represent popular U.S.-listed stocks and ETFs, issued as SPL tokens on the Solana blockchain for trading on Kraken's platform and compatible wallet providers.</li><li>Kraken aims to revolutionize equities investing by providing open, instant, accessible, and borderless exposure to iconic U.S. companies through blockchain technology.</li><li>This development is part of Kraken's strategy to bridge traditional finance and crypto, following the rollout of equities trading for U.S. clients and plans to expand the offering to clients in the U.K., Europe, and Australia.</li></ul>

Coming soon: Kraken takes Wall Street onchain with tokenized equities

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