US EditionKraken Lets Europeans Trade Tokenized US Stocks Without Brokers Or Extra Fees
11 Articles
11 Articles
Kraken Lets Europeans Trade Tokenized US Stocks Without Brokers Or Extra Fees
Cryptocurrency exchange Kraken announced on Wednesday that it is launching xStocks in the European Union to bypass the hurdles European investors frequently face, including excessive fees, limited access, and unnecessary complexity.
Kraken expands xStocks to European investors: U.S. tokenized equities arrive in the EU - The Cryptocurrency Post
Kraken has launched xStocks in Europe, allowing investors to trade tokenized versions of more than 60 US stocks and ETFs. The offering promises 1:1 collateralization, extended trading hours, fractional ownership, and multi-chain support, with Backed Finance serving as the issuance and custody partner. What xStocks Offers in Europe Over 60 US stocks and ETFs are available on-chain via tokens representing interests in the underlying assets, enabli…
Kraken Launches Tokenized U.S. Stock Trading for European Users
Key highlights: Kraken expands its xStocks offering to eligible users in the European Union, enabling 24/5 trading of tokenized U.S. equities. xStocks are blockchain-based tokens that track the price of over 50 popular U.S. stocks and ETFs, eliminating the need for brokers or intermediaries. The service operates on the Solana blockchain, with planned support for BEP-20 and Ethereum to enhance integration with DeFi ecosystems. Trade Crypto on …
This Wednesday, Kraken extended its offer of tokenized shares of its Stocks product to European investors. Let's go back to this novelty in more detail. The Kraken article launches the trading of tokenized shares in Europe appeared first on Cryptoast.
Key Points of the News Kraken is expanding its xStocks platform for European investors, offering access to more than 60 Tokenized shares and ETFs from the United States. The service eliminates frictions related to brokers, currency conversion and settlement delays. Since its global launch in June, xStocks has processed more than $3.8 billion in volume of operations, positioning Kraken at the forefront in adopting tokenized assets. The expansion …
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