Kraken Expands xStocks Tokenized Equities to European Investors
September 10, 2025
Cryptocurrency exchange Kraken has rolled out its xStocks platform to European Union investors, giving them on-chain access to U.S. stocks and ETFs.
The expansion allows eligible EU users to trade tokenized versions of popular U.S. equities directly through the Kraken app, eliminating traditional barriers to market access.
“Launching xStocks in the EU is a natural step for Kraken. Many investors face hurdles accessing U.S. markets, and xStocks removes those barriers,” said Mark Greenberg, Kraken’s global head of consumer.
Developed in partnership with Swiss fintech Backed, xStocks are blockchain-based tokens that mirror real-world stocks, allowing users to trade, hold, or integrate them into DeFi protocols, all while maintaining self-custody.
Kraken offers 24/5 xStocks trading in the EU, aligning with broader trends toward decentralized, transparent, and accessible financial markets. Currently on Solana as SPL tokens, plans are underway to expand xStocks to BEP-20 and Ethereum, enhancing multi-chain DeFi integration.
