Wendy O: Kraken introduces 24/7 tokenized trading on Solana
@CryptoWendyO: Kraken launches tokenized trading
Kraken, a leading cryptocurrency exchange, is set to revolutionize stock trading by launching around-the-clock global trading of tokenized shares. Named xStocks, these tokenized shares will be issued on the Solana blockchain and will cover over 50 major U.S. companies and ETFs, including giants like Apple, Nvidia, Tesla, and SPY. This innovation will provide investors with the ability to trade these assets 24/7, backed 1:1 by real shares.
Wendy O, a prominent commentator in the crypto space, highlights the significance of this development in bringing more traditional financial instruments into the realm of cryptocurrency trading. The move reflects a growing trend of integrating traditional finance and digital assets, promising enhanced liquidity and accessibility for investors worldwide. As Kraken expands its offerings on the Solana network, the potential for increased market participation and flexibility appears substantial.
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In the previous news, tweet author Wendy O discussed her views on cryptocurrency market trends.
