Kraken to Launch Tokenized US Stocks on Solana
- Kraken plans to offer tokenized US equities globally, targeting non-US investors.
- The exchange will launch the xStocksFi platform on Solana, offering stocks like Apple, Nvidia, and Tesla.
- Partnerships with BackedFi and others are crucial for this launch.
- Over 50 stocks and ETFs will be available initially.
- Solana’s price surged by nearly 8%, reaching $178 following the announcement.
Kraken’s initiative to provide tokenized US stocks via Solana has led to a significant increase in Solana’s market value, highlighting growing institutional interest in the network.
Source (2.6)https://coingape.com/kraken-to-launch-tokenized-stocks-on-solana-sol-price-rallies/?rand=24432
