Kraken CEO Dismisses Bitcoin Drop, Tokenized Stocks Reach $10B in Volume

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As per CoinEdition, Kraken co-CEO Arjun Sethi downplayed Bitcoin's recent decline below $100,000, emphasizing the long-term trajectory over short-term volatility. Kraken's tokenized stock platform, Xstocks, has surpassed $10 billion in global trading volume. Sethi also highlighted the potential for innovation and capital inflow following new U.S. regulatory developments, including the GENIUS Act and the pending Clarity Act.

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