The setup allows customers to hold conventional shares and tokenized representations of the same assets within a single platform.
The service is provided by Payward Europe Digital Solutions, Kraken’s Cyprus-based investment firm. Kraken said eligible customers can trade US-listed stocks commission-free, subject to applicable conditions. Kraken said it plans to extend its integrated equities offering to additional markets in the coming months.
Kraken launched xStocks in 2025, offering tokenized exposure to US equities and exchange-traded funds. The company said xStocks has since generated more than $38 billion in total transaction volume.
As of Monday, xStocks is the second-largest tokenized stock issuer by market capitalization, with about $609 million, behind Ondo Finance, with about $974 million, according to Token Terminal data. Binance’s bStocks is currently the third-largest issuer, with about $544 million.
Related: Kraken adds S&P 500 to funded trading program, commodities to follow
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s
Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
