As Kraken reveals its tokenized equities platform has eclipsed $5 billion in trading volume, the exchange is positioning the product as a cornerstone of crypto’s next growth phase.
The xStocks offering, which represents traditional US equities on the blockchain, allows for “permissionless, around the clock” trading and has already reached more than 37,000 holders.
Kraken suggests that tokenization is poised to explode further, especially if US regulators establish a clear framework, potentially unlocking a massive new market by merging traditional finance with digital asset flexibility.