RT SolanaNews.sol (@solananew)🚨BREAKING: 60% OF ALL TOKENISED STOCKS ARE ON SOLANA — SOLANA HAS 98% OF ALL VOLUME!!!🚨 https://t.co/nqCRYrI99I ...

Core Insights - Kraken has launched its tokenised stock trading product, xStocks, in the European Union, allowing access to over 60 US-listed stocks and ETFs for eligible clients [1][2] - The xStocks trading segment is rapidly growing, becoming the fastest-growing subsector within the $25 billion real-world asset niche in crypto [1] - The competition in the crypto space is intensifying, particularly with fintech firms like Robinhood also expanding their services in Europe [2][4] Company Developments - Kraken's global head of consumer, Mark Greenberg, stated that the launch of xStocks aims to simplify access to US markets by removing traditional barriers [2][4] - The company is expanding its tokenisation efforts, with initial support for Solana and plans to include Ethereum and BNB Chain [5] - Kraken has recently launched US-regulated crypto futures trading and commission-free trading for US equities, positioning itself against Robinhood [6] Strategic Moves - Kraken acquired Breakout, a proprietary trading platform, and previously purchased NinjaTrader for $1.5 billion, indicating a strategy to enhance its trading capabilities [7] - The expansion of xStocks and other services is part of Kraken's preparations for a potential public listing rumored for 2026 [7][8]

🚨UPDATE: THE WORLD FEDERATION OF EXCHANGES CALLS ON REGULATORS TO TIGHTEN OVERSIGHT OF TOKENISED STOCKS, CITING RISKS TO INVESTORS AND MARKET INTEGRITY - REUTERS ...

According to Reuters, the World Federation of Exchanges (WFE) has urged regulators including the U.S. SEC, ESMA, and IOSCO to tighten oversight of tokenised stocks, warning that these products mimic equities without offering shareholder rights or market safeguards, potentially harming investors and undermining market integrity. https://t.co/kqC5EbrUgo ...