Kraken Launches 24/7 Trading for Tokenized Assets

iconTechFlow
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Kraken has launched 24/7 trading for tokenized assets, including real-world assets (RWA) such as the S&P 500, Nasdaq 100, Apple, NVIDIA, Tesla, and the SPDR Gold ETF. The service is available in over 110 countries and offers up to 20x leverage. Tokenized stocks are fully collateralized at a 1:1 ratio, ensuring stable pricing. Kraken plans to add more tokenized stocks and ETFs to its platform in the coming months.

According to CoinDesk, cryptocurrency exchange Kraken has launched the world’s first regulated tokenized stock perpetual futures trading service. The product is available to non-U.S. users in over 110 countries and enables 24/7 trading of tokenized assets such as the S&P 500, Nasdaq 100, Apple, NVIDIA, Tesla, and the SPDR Gold ETF, with leverage of up to 20x. Kraken states that the underlying tokenized stocks are fully collateralized 1:1 by their reference assets, providing a pricing anchor even when U.S. exchanges are closed. The company plans to expand its product lineup in the coming months with additional tokenized stocks and ETFs.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.