Leading cryptocurrency exchange Kraken is expanding its services by launching tokenized stock trading, starting with major U.S. companies such as Apple (AAPL), Nvidia (NVDA), and Tesla (TSLA). This offering will be available exclusively to users outside the United States, marking a bold step toward merging traditional finance with blockchain technology.
Global Access to Top U.S. Stocks
The service will allow international users to buy and trade tokenized versions of publicly listed U.S. equities 24/7 using blockchain infrastructure. Each token will be backed 1:1 by the actual share, held securely by licensed custodians.
“Kraken is committed to making global markets more accessible through innovation,” a Kraken spokesperson said.
This new trading option gives investors around the world direct access to high-demand stocks without relying on legacy brokerage platforms.
Built on Solana Blockchain
Kraken’s tokenized equities are being launched in collaboration with Switzerland-based company Backed Finance, and are issued on the Solana (SOL) blockchain.
Using Solana enables low-cost, high-speed trading and instant settlements, enhancing the overall trading experience for global users.
The tokenized assets will comply with European securities regulations, allowing Kraken to cater to users across Europe, Asia, Africa, and Latin America.
Top Stocks Included in Launch
The first batch of tokenized stocks includes:
- Apple Inc. (AAPL) – Trading at $201.86
- Nvidia Corp. (NVDA) – Trading at $133.63 (post-stock split)
- Tesla Inc. (TSLA) – Trading at $177.45
These stocks represent some of the most sought-after assets in global markets, making them ideal candidates for Kraken’s initial rollout.
Not Available in the U.S.
Due to strict U.S. regulatory requirements, Kraken will not offer tokenized equities to American customers. This decision ensures compliance while focusing on regions with more progressive crypto and fintech frameworks.
“This launch reflects our global-first approach while respecting regional laws,” Kraken said in a statement.
Final Thoughts
Kraken’s entry into tokenized stock trading is a major milestone in financial innovation. By offering around-the-clock, blockchain-based access to real-world stocks, Kraken is positioning itself at the intersection of crypto and traditional markets.
This launch not only expands opportunities for global traders but also highlights the increasing relevance of tokenized assets in modern finance.