Kraken is making the case for tokenized equities in the UK, describing products like its EU-based “xStocks” as a critical “stepping stone” for investors.
UK Managing Director Bivu Das said these wrapped assets, which provide simple exposure to traditional stocks, are attracting millions in daily inflows by opening access to restricted capital markets.
He questioned whether the complexity of natively issued tokens is necessary, arguing that regulators should allow such proven products to be tested in the UK market more quickly.
