Kraken launches 200 UK and EU equities on Xstocks
The platform lists onchain shares of major European and UK firms, with Solana support included. More listings are planned for the coming weeks.
Key takeaways
- 1Kraken launched over 200 UK and EU-listed equities on Xstocks.
- 2Hundreds of Hong Kong-listed stocks are expected to be added soon.
Kraken said on Monday that its tokenized stocks platform, Xstocks, has launched more than 200 equities listed in the UK and the European Union onchain.
The initial batch includes shares from major companies in these regions. Kraken added that hundreds of stocks listed in Hong Kong will follow in the coming weeks, expanding the platform's geographic reach.
Xstocks is a feature within the Kraken exchange that allows users to trade tokenized versions of traditional stock market assets. The platform operates on the Solana blockchain, enabling 24/7 trading of these digital representations of shares.
This move suggests a growing interest in integrating traditional finance with blockchain infrastructure. Traders will watch for the timing of the Hong Kong listings and any regulatory responses to the expansion of tokenized equity trading.
Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.