XStocks has been launched on the Kraken platform

According to Foresight News, Kraken announced that xStocks has now been launched on the Kraken platform, and 60 US stocks have been tokenized. More stocks are about to go online. Foresight News previously announced that Kraken will offer xStocks to clients in specific non US markets worldwide. This is a new tokenized stock developed by Backed, where clients will be able to invest in popular US listed company stocks and ETFs (including stocks of Apple, Tesla, Nvidia, etc.) issued in SPL token form on the Solana blockchain. These xStocks assets can be traded on its platform or on the chain through compatible wallet providers.