Kraken’s Tokenized Equities Go Global, Topping $5B in Volume via Bybit, Telegram

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Kraken‘s foray into tokenized equities is gaining significant international traction, with the exchange announcing over $5 billion in total trading volume.

Dubbed xStocks, the product allows non-US investors to trade tokenized versions of traditional stocks around the clock.

Kraken credited its partnership with Backed and recent expansions into Europe for the growth, but also highlighted key integrations with major platforms like Bybit, Phantom, OKX Wallet, and Telegram, which have made the offering available to users in over 160 countries.

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