Kraken has launched xChange, an on-chain trading engine and unified execution layer designed for its xStocks tokenized assets, operating 24null5 on Ethereum and Solana. The platform will support direct trading of over 70 tokenized U.S. stocks and ETFs, including popular instruments such as Apple, NVIDIA, Tesla, and the S&P 500 Index. xChange aims to bridge liquidity between Ethereum and Solana while anchoring prices to traditional stock markets.
The system aims to streamline cross-chain execution and provide on-chain access to a broad U.S. equity universe. This move signals Kraken’s push into cross-chain liquidity and price discovery for tokenized assets, potentially expanding on-chain exposure to mainstream equities for investors.
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