Kraken Tokenizes Apple, Tesla, Nvidia for Global 24/7 Equity Access
The post Kraken Tokenizes Apple, Tesla, Nvidia for Global 24/7 Equity Access appeared on BitcoinEthereumNews.com.
Kraken is taking advantage of the positive crypto environment in the United States under Donald Trump’s presidency. The exchange plans to offer tokenized versions of Apple, Tesla, and Nvidia stocks on the Solana blockchain. For years, international investors have faced a frustrating reality: limited access to U.S. stocks, high brokerage fees, and market hours that just don’t fit their time zones. Whether you’re in Lagos, Mumbai, or Buenos Aires, buying shares of companies like Apple, Tesla, or Nvidia has often come with too many hoops to jump through. But Kraken, the U.S.-based cryptocurrency exchange, is about to change that. The company is preparing to roll out a brand-new platform for users outside the United States, giving them the ability to trade tokenized versions of major U.S. stocks, any time, any day of the week. Just like Bitcoin, this platform will be live 24/7, breaking free from Wall Street’s traditional 9-to-5. And you’ll even be able to store these tokenized stocks in your own crypto wallet. Kraken’s 24/7 xStocks Platform Dubbed xStocks, this offering aims to dramatically expand access to equities by turning them into blockchain-based tokens that can be traded like any cryptocurrency, with no closing bell, no middlemen, and far fewer barriers for global investors. Investors will have the option to hold these tokenized assets in their crypto wallets. With tokenized stocks from companies, investors in Latin America, Africa, Asia, and Europe can now bypass many of those roadblocks. The idea is simple: offer the same blue-chip investment opportunities that U.S. investors enjoy, but with lower fees, faster settlement, and around-the-clock access. The xStocks initiative will tokenize over 50 of the world’s most sought-after stocks and ETFs, such as the SPDR S&P 500 and SPDR Gold Shares, including household names like Google, Microsoft, Meta, and Amazon. These tokens will…
Filed under: News - @ May 23, 2025 8:21 pm