Kraken Expands Digital Asset Offerings with Tokenized Stocks for Apple, Tesla, and Nvidia

Kraken, a leading cryptocurrency exchange, is making waves in the digital asset space by introducing tokenized stocks for major tech companies like Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA). This innovative move, initially targeting non-US customers, underscores Kraken’s commitment to bridging traditional finance with the crypto ecosystem. The initiative, reported by The Wall Street Journal, is poised to set a new benchmark in the tokenization market, potentially mirroring the explosive growth seen in cryptocurrencies. As of May 2025, this development marks a pivotal moment for investors seeking exposure to blue-chip stocks through blockchain technology.

Kraken to Offer Tokenized Stocks for Apple, Tesla, and Nvidia

Kraken, a leading cryptocurrency exchange, is set to revolutionize the digital asset space by offering tokenized stocks for tech giants Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA). This move, initially available to non-US customers, marks a significant milestone in the tokenization market, which many believe could rival the growth trajectory of cryptocurrencies.

The Wall Street Journal reports that Kraken’s initiative is the most prominent example of stock market tokenization to date, signaling a potential shift in how traditional equities are traded. The exchange’s global rollout underscores the increasing institutional adoption of blockchain-based financial instruments.

Kraken Reports $472M Q1 2025 Revenue Amid NinjaTrader Acquisition

Kraken’s Q1 2025 financial results reveal $472 million in revenue, marking a 19% year-over-year increase despite a 7% quarterly decline. Adjusted EBITDA ROSE 1% to $187 million, demonstrating operational resilience. Trading volume surged 29%, while funded accounts grew by 26%.

The exchange attributes user retention to enhanced educational tools and onboarding processes. Kraken’s product development efforts coincide with its finalized acquisition of NinjaTrader, positioning the platform for expanded market reach.

Kraken Launches Tokenized U.S. Stocks for 24/7 Trading, Excluding U.S. Investors

Kraken is expanding its crypto exchange services by introducing tokenized versions of over 50 U.S. stocks and ETFs, targeting non-U.S. investors in Europe, Latin America, Africa, and Asia. The initial offerings include high-profile companies like Apple, Tesla, and Nvidia. This move underscores the growing convergence of traditional finance and decentralized infrastructure.

Around-the-clock trading of tokenized equities could pressure legacy exchanges to reconsider their fixed-hour operational models. Kraken’s initiative may accelerate institutional adoption of tokenized assets as it demonstrates seamless integration of trading, custody, and redemption services.

Kraken Expands into Tokenized Stocks and ETFs for Non-US Customers

Kraken, the US-based cryptocurrency exchange, is venturing into tokenized traditional assets with plans to offer over 50 US stocks and ETFs to non-US customers. The MOVE aligns with growing institutional interest in digitizing securities, as seen with BlackRock, Robinhood, JPMorgan, and Franklin Templeton exploring similar initiatives.

The tokenized offerings will include shares of major companies like Apple, Tesla, and Nvidia, along with ETFs such as the SPDR S&P 500. Regulatory constraints prevent Kraken from extending this service to US-based users at present.

This development signals accelerating convergence between traditional finance and digital assets, with exchanges increasingly serving as bridges between both worlds. Market observers note the strategic timing as institutional adoption of blockchain-based securities gains momentum.