Kraken has begun rolling out 24/7 trading for tokenized US equities through its app and Solana-compatible wallets, powered by the xStocks product suite. The exchange said the launch lets users trade tokenized shares of major US-listed companies around the clock, without the traditional market-hours constraint of Wall Street.
Why it matters
The move positions Kraken as one of the first major regulated exchanges to fold tokenized equities into a retail-facing crypto app, blurring the line between traditional brokerage and on-chain trading. xStocks gives Solana-wallet holders direct exposure to US equities without needing a separate brokerage account, settling on-chain rather than through a clearing house.
Market impact
Tokenized equities have become a fast-growing slice of the broader real-world asset (RWA) narrative, with Solana emerging as a leading settlement venue thanks to its throughput and low fees. By adding xStocks alongside its existing token listings, Kraken gives the Solana RWA stack both a regulated distribution channel and a real volume surface for tokenized US stocks.
The exchange has separately pushed more than 2,500 Solana-based tokens into its app, telling users the risk profile of those assets remains an on-chain concern, not a Kraken underwriting call.
Frequently asked questions
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What did Kraken say about the 2,500 Solana tokens on its app?
Kraken said it has surfaced more than 2,500 Solana-based tokens inside its app, telling users that the risk profile of those assets stays on-chain and is not underwritten by the exchange.
CryptoSlate