Kraken Introduces Tokenized Securities Trading in Europe

Crypto exchange Kraken has launched xStocks, a new tokenized securities trading product, aimed at giving European investors easier access to some of the world’s most popular stocks and ETFs. Europe, your wait is ￰1￱ are now live in the Kraken app for eligible clients in Europe! Break the broker barrier ￰0￱ ￰2￱ — Kraken (@krakenfx) September 10, 2025 The offering, available via Kraken’s PEDSL-CY entity, marks a major step forward in bridging traditional markets with blockchain-based ￰3￱ to Kraken, xStocks are available only to EU-based clients who have passed an appropriateness assessment or who qualify as professional investors. Importantly, xStocks are not registered under the ￰4￱ Act and cannot be sold to or held by ￰5￱ Are xStocks and How Do They Work?

Kraken explains xStocks function as tokenized certificates that mirror the market prices of real-world ￰6￱ and ￰7￱ token is backed 1:1 by the underlying security and issued on-chain as an SPL or BNB ￰8￱ actual shares, xStocks do not confer shareholder rights such as voting or dividends. Instead, holders gain exposure to the price performance of the asset through a financial instrument issued by Backed Assets (JE) Limited, a Jersey-based ￰9￱ initially offers 60 assets through xStocks, including 55 stocks and 5 ￰10￱ names such as Tesla, Apple, and GameStop are among the available ￰11￱ and Trading Options xStocks can be traded 24 hours a day, five days a week, extending access beyond traditional market ￰12￱ trading support is in development, which could push tokenized securities closer to true round-the-clock ￰13￱ also allows for fractional investments, with a minimum entry point as low as €1.

This opens the door to a wider pool of retail investors who might otherwise be priced out of high-value ￰14￱ addition, Kraken supports self-custody of xStocks, giving users the ability to withdraw holdings to a compatible on-chain ￰15￱ flexibility ensures that investors retain direct control over their assets, aligning with the principles of decentralized ￰16￱ as a Growing Trend Kraken emphasizes that xStocks are secured through audited reserves, robust custody arrangements, and blockchain ￰17￱ company has also announced plans to expand support for additional blockchain standards, including BEP-20 on BNB ￰18￱ partnerships with Tron DAO and upcoming integrations with other networks such as Inkhighlight Kraken’s strategy to broaden accessibility across ￰19￱ rise of tokenized securities underscores the momentum behind real-world asset (RWA) tokenization, a trend that seeks to modernize markets by combining the stability of traditional assets with the transparency and efficiency of ￰20￱ tokenized assets gain traction, initiatives like Kraken’s xStocks may reshape how global investors interact with both equities and digital finance.