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Kraken Exchange has announced the launch of more than 1,000 xStocks on its platform, allowing users outside the U.S. to invest in a wider range of companies alongside crypto holdings.
The new offering highlights Kraken Exchange's ongoing expansion into traditional equity-like products for international customers, although U.S. residents and U.S. persons remain excluded due to regulatory restrictions. This move aligns with the trend of crypto exchanges rolling out hybrid products that bridge digital assets with equity markets.
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Kraken Exchange recently began offering users access to tokenized equities ahead of the Oura ring IPO on the same terms as institutional investors, according to a previous announcement. Earlier this year, the company received full regulatory approval to operate in Dubai, enabling dirham funding, AED trading pairs, and staking through its regional platform in the emirate. These initiatives indicate Kraken's move to broaden its range of investor products outside the United States.