Kraken announced plans to introduce tokenized versions of US stocks for its non-American customers.
This move aims to provide global investors round-the-clock access to US equities, breaking the traditional market hours barrier.
JUST IN: ???????? Kraken to offer tokenized US stocks to users worldwide.
— Watcher.Guru (@WatcherGuru) May 22, 2025
The new service will allow users outside the United States to buy and trade tokenized shares of major US companies. These tokens represent stocks and will be backed by Kraken’s custody of the underlying assets. By tokenizing stocks, Kraken enables trading 24 hours a day, seven days a week, unlike conventional stock exchanges that operate during fixed hours.
Kraken’s initiative targets international investors facing restrictions due to time zone differences and limited access to US stock markets. Tokenized stocks on Kraken will offer fractional ownership, lower fees, and faster settlement times, enhancing accessibility and convenience. The platform plans to support popular US stocks such as Apple, Tesla, and Amazon.
This development reflects a growing trend in the crypto industry to merge traditional finance with blockchain technology. Tokenized stocks bridge conventional equity markets and decentralized finance, offering liquidity and flexibility to investors worldwide.
Kraken’s move follows similar offerings by other crypto platforms but stands out by focusing on non-US residents and providing 24/7 trading capabilities. The exchange emphasizes regulatory compliance and transparency, ensuring tokenized stocks are fully backed and legally compliant.
This launch could significantly impact global investing by democratizing access to US equities and expanding trading hours. It also highlights the increasing integration of blockchain technology into mainstream financial markets.
Kraken recently uncovered a North Korean hacker posing as a job applicant during the interview process. Suspicions prompted a covert investigation, revealing the hacker’s use of fake identities and stolen data. The individual was confirmed to be connected to North Korean cyber units targeting cryptocurrency firms. Kraken rejected the application and emphasized the growing threat of state-sponsored cyberattacks on the digital asset industry.
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