- Kraken launches Xstocks for 24/7 global trade of Tokenized US shares.
- This new step comes as President Trump Crypto rules in the US illuminated
Kraken pushes the boundaries of traditional finances through introduction 24/7 Trade for tokenized US shares, which means that global investors around the clock access to leading shares such as Apple, Tesla and Nvidia.
This step also emphasizes how Kraken promotes its platform after years of legal challenges with the Securities and Exchange Commission (SEC).
From legal fighting to daring plans
In one rackKraken sketched,
“Terrely to reveal Xstocks, a new line of more than 55 tokenized shares and ETFs, which soon launched on Kraken and integrated with Solana’s best Defi apps.”
The new service, called Xstocks, will be launched in the coming weeks and offers tokenized versions of more than 50 shares and ETFs.
This platform is accessible to users in Europe, Latin -America, Africa and Asia, and offers 24/7 trade similar to Bitcoin [BTC].
By supplying traditional shares in a crypto-native format, Kraken wants to offer continuous market access outside the US, where it already operates a conventional stock trade platform with more than 11,000 shares and ETFs.
The company detailed,
“It follows our recent rollout of stock trade for American customers, which gives millions of Americans access to more than 11,000 shares and ETFs listed by the US directly within the Kraken app. We are planning to expand that offer to customers in the UK, Europe and Australia soon.”
Crypto -industry under Trump
Under President Donald Trump, the SEC facilitated many crypto-related lawsuits, including those against Kraken.
While Binance [BNB] In 2021, it briefly investigated, but stopped because of the regulatory pressure, the current climate shifts.
That is why, with growing support from American legislators and major players such as Robinhood and BlackRock who enter the token reasons, Kraken seizes the opportunity to promote his vision in this evolving market.