Market News

Crypto Innovator Kraken Introduces Groundbreaking Tokenized Equity Perpetual Futures

Kraken has made headlines with the launch of the world’s first tokenized equity perpetual futures contracts.

This innovative offering provides 24/7 leveraged access to various stocks, indices, and key assets through blockchain technology.

Eligible non-US clients across more than 110 countries can trade these contracts.

The initial offerings include tokenized versions of major assets such as the S&P 500, Nasdaq 100, gold, and individual stocks like Nvidia, Apple, and Tesla.

Kraken offers traders up to 20x leverage, allowing continuous market exposure even when traditional exchanges are closed.

The tokenized stocks, known as xStocks, are fully collateralized and 1:1 backed by the underlying equities and ETFs.

This ensures on-chain trading with real-time price discovery, alongside interoperability between centralized and decentralized ecosystems.

Moving forward, Kraken plans to enhance its offerings by adding more tokenized stocks and ETFs.

The exchange's initiative represents a significant step towards bridging traditional finance and the crypto world.

With these developments, Kraken is positioning itself as a leader in the evolving cryptocurrency market.