Solana-Powered Tokenized Stocks: Kraken Brings Apple, Tesla, and Nvidia to Global Crypto Markets

Kraken, a top-tier cryptocurrency exchange, is set to revolutionize global trading by introducing tokenized versions of major U.S. stocks like Apple, Tesla, and Nvidia. Targeting non-U.S. customers, this initiative will allow users to trade these assets using digital currencies, leveraging the Solana blockchain for its efficiency and low-cost transactions. The tokenized stocks will be accessible across Europe and Latin America, marking a significant step in bridging traditional finance with the crypto ecosystem. As of May 23, 2025, Solana (SOL) is trading at 179.44000000 USDT, reflecting its growing utility in institutional-grade financial products.

Kraken to Launch Tokenized Stocks of Apple, Tesla, and Nvidia Globally

Kraken, a leading cryptocurrency exchange, is expanding its offerings to include tokenized versions of major U.S. stocks such as Apple, Tesla, and Nvidia. This move targets customers outside the U.S., enabling them to trade these assets using digital currencies. The initiative leverages the solana blockchain for its efficiency and low transaction costs.

The tokenized stocks will be available across Europe, Latin America, Asia, and Africa, providing access to over 50 stocks and ETFs, including SPY and GLD. This development marks a significant step in bridging traditional finance with the digital asset ecosystem, offering round-the-clock trading opportunities.

Centrifuge Expands Tokenized RWAs to Solana With $400M Treasury Fund

Centrifuge, a leading tokenized asset platform, is extending its services to the Solana blockchain, marking its debut with a $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY). The move leverages Centrifuge’s proprietary "deRWA tokens" standard, enabling seamless transfer and integration of tokenized assets across decentralized finance (DeFi) protocols.

The deJTRSY token will be tradable, lendable, and usable as collateral on Solana-based DeFi platforms, starting with Raydium, Kamino, and Lulo. This initiative allows Solana users to access yield from short-term Treasuries natively within the ecosystem, further bridging traditional finance with blockchain innovation.

Solana’s growing dominance in the tokenized real-world asset (RWA) sector is underscored by this rollout. The RWA space, which tokenizes traditional instruments like bonds and funds, continues to gain traction as institutional and retail investors seek on-chain exposure to conventional markets.