Kraken Expands Crypto-Finance Frontier with Tokenized Stock Trading for Non-US Users

Kraken, a leading cryptocurrency exchange, is pioneering the integration of traditional equities with digital assets by launching tokenized stock trading for non-US users. Partnering with Backed and leveraging Solana’s blockchain, this initiative, branded as "xStocks," will enable global investors to trade shares of major companies like Apple, Tesla, Meta, and Nvidia around the clock. This strategic move underscores Kraken’s commitment to bridging the gap between conventional finance and the burgeoning world of decentralized finance (DeFi).

Kraken to Offer Tokenized Stock Trading for Non-US Users via Solana and Backed

Kraken is set to launch tokenized stock trading for non-US users, expanding access to US equities through digital assets. The service, developed with Backed, will feature shares of major companies like Apple, Tesla, Meta, and Nvidia.

Branded as "xStocks," the offering will integrate with Solana-based DeFi protocols, enabling 24/7 trading across Europe, Latin America, Africa, and Asia. This MOVE aligns with growing institutional demand for seamless crypto-equity hybrids.

Kraken to Launch 24/7 Trading of Tokenized U.S. Equities on Solana

Kraken is set to revolutionize traditional finance with the introduction of xStocks, a new service enabling 24/7 global trading of tokenized U.S. equities. Over 55 stocks and ETFs, including Apple, Tesla, and Nvidia, will be available as tokens on Solana, integrating with its top DeFi applications.

The move comes amid a regulatory shift in the U.S., with President Trump easing crypto rules. Kraken’s bold initiative follows years of legal challenges with the SEC, marking a significant step in the exchange’s evolution.

xStocks will launch in the coming weeks, offering investors unprecedented access to round-the-clock trading of major equities. The service underscores Kraken’s commitment to bridging traditional and decentralized finance.

Ethereum Whales Stir Market with $9.3M Kraken Deposit as Price Tests Key Support

Ethereum’s $2,370 support level holds firm amid concerning whale activity. Two dormant wallets—one inactive for four years, another for ten months—deposited 3,500 ETH ($9.3M) into Kraken, signaling potential distribution. These whales retain control of 13,600 ETH, with their timing notable as ETH consolidates below critical $2,800 resistance.

Large holder inflows surged 50.89% this week, suggesting mounting sell pressure. Market stability now hinges on whether ETH can decisively break above $2,800, a level that WOULD confirm bullish continuation. The reactivation of aged capital historically precedes volatility, leaving traders watching for the next catalyst.