<ul><li>Kraken, Backed, and Solana Foundation collaborate to launch xStocks, a service offering tokenized U.S. equities on Solana's blockchain.</li><li>xStocks will be available initially to eligible users in select non-U.S. markets through the Kraken app, leveraging Solana's high-speed and low-cost infrastructure.</li><li>The choice of Solana underlines trust in its performance for financial products, facilitating borderless trading of tokenized equities in a decentralized manner.</li><li>Kraken's expansion with xStocks aims to enhance global accessibility to tokenized assets, potentially driving further adoption of DeFi and bridging traditional finance with blockchain markets.</li></ul>

Kraken Powerfully Launches xStocks With Solana for Tokenized Equities

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