Kraken Rolls Out xStocks Tokenized Equities to European Investors
September 10, 2025
Cryptocurrency exchange Kraken has expanded its xStocks platform to European Union investors, enabling on-chain trading of U.S. stocks and ETFs.
With the expansion, eligible EU users can access tokenized versions of major U.S. equities directly through the Kraken app, removing traditional barriers to cross-border market participation.
“Launching xStocks in the EU is a natural step for Kraken. Many investors have faced challenges accessing U.S. markets, and xStocks removes those obstacles,” said Mark Greenberg, Kraken’s global head of consumer.
Developed in collaboration with Swiss fintech Backed, xStocks are blockchain-based tokens mirroring real-world stocks, allowing investors to trade, hold, and integrate them into DeFi protocols while retaining self-custody.
Kraken offers 24/5 xStocks trading in the EU, reflecting growing interest in decentralized, transparent, and accessible financial markets. The tokens currently run as SPL tokens on Solana, with plans to expand to BEP-20 and Ethereum mainnet for broader DeFi integration and cross-chain compatibility.
