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Kraken Launches Digital Tokens To Offer 24/7 Trading of US Equities
Kraken is launching tokenized versions of U.S. equities for 24/7 trading outside the U.S., giving global investors blockchain-based access to major companies like Apple and Tesla. Reuters reports: Tokenization refers to the process of issuing digital representations of publicly-traded securities. I...
Kraken is launching tokenized versions of U.S. equities for 24/7 trading outside the U.S., giving global investors blockchain-based access to major companies like Apple and Tesla. While tokenized securities have yet to gain widespread adoption, proponents say they hold the potential to significantly reshape how people access and invest in financial markets. In a January opinion piece for the Washington Post, Robinhood CEO Vlad Tenev said tokenization could also allow retail investors to access private companies' stocks.
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