Kraken and Nasdaq Collaborate to Link Tokenized Equities with DeFi
- Kraken and Nasdaq are developing a gateway for trading tokenized equities in DeFi.
- Nasdaq’s new equity token design is set to launch in the first half of 2027.
- Since its launch, Kraken’s xStocks have achieved over $25 billion in transaction volume.
- Tokenized equities can serve as collateral for various financial instruments including derivatives and futures.
This partnership aims to integrate regulated equity markets with decentralized finance networks, enhancing liquidity and infrastructure. By leveraging both Nasdaq’s expertise in traditional markets and Kraken’s digital asset platform, they seek to create a more efficient financial system that accommodates DeFi applications.
The collaboration between Kraken and Nasdaq represents a significant step towards bridging traditional finance with blockchain technology, potentially transforming how equities are traded. The anticipated launch of the new equity token design will further support this integration. (Source)
