Unlike conventional equity markets, xStocks will be tradable 24/7 through Kraken’s platform and compatible Solana wallets.
The structure also allows the tokenized assets to be used onchain, such as for collateral in decentralized applications, use cases not possible through traditional brokerage systems.
Kraken’s Global Head of Consumer Mark Greenberg said that xStocks aims to offer faster, cheaper, and more inclusive access to US equities. He also criticized the current systems as slow, expensive, and geographically limited.
According to Greenberg:
“[xStocks] is what the future of investing looks like.”
The launch comes amid heightened interest in tokenized real-world assets (RWAs), driven by demand for open financial infrastructure and the efficiencies introduced by digital rails.
Kraken has not announced a specific launch date for xStocks, but said it intends to grow the list of supported jurisdictions and tokenized assets over time.
