Kraken
Search documents
X @Kraken
Kraken· 2025-09-02 19:26
Tokenized Equities & Financial Infrastructure - Tokenized equities are becoming a foundational primitive of the next financial system, similar to how stablecoins paved the way [2] - xStocks on Ethereum aims to provide permissionless, programmable, and globally accessible equities without traditional brokerage accounts [2][3] - The goal is to create open financial infrastructure where markets are always open, custody is not an obstacle, and access is not limited by geography [4] xStocks Features & Differentiation - xStocks are fully backed equities with 1:1 reserves, issued natively onchain, and redeemable/verifiable, not synthetic representations or derivatives [3] - The Ethereum launch leverages the ERC20 standard for composability, allowing integration with various smart contracts and applications [4] Market Impact & Future Vision - The structure of financial markets is rapidly changing, with assets like stocks, bonds, currencies, and treasuries eventually residing on public blockchains [5] - Kraken has achieved over $400 million in onchain volume, $45 million in AUM, and 25,000 unique holders on Solana [6] - The vision is to build an operating system for capital, an open network where financial primitives interact seamlessly [6]
X @Kraken
Kraken· 2025-09-02 10:55
Trading Platform Features - Kraken Pro offers ultra-low fees for futures trading [1] - The platform provides deep liquidity for altcoin perpetuals [1] - Traders can access up to 50x leverage on altcoin perps [1] Promotional Offer - Kraken Pro offers a bonus of up to $500 USD until September 9 [1] - The bonus is eligible on all altcoin perpetual contracts beyond BTC, ETH & SOL [1]