Kraken Launches xStocks Platform Expansion Across European Markets

Kraken Launches xStocks Tokenized Equities Platform for EU Investors
September 10, 2025

Cryptocurrency exchange Kraken has expanded its xStocks platform to the European Union, enabling investors to trade tokenized U.S. stocks and ETFs directly on-chain.

Eligible EU users can now access tokenized versions of major U.S. equities through the Kraken app, bypassing traditional brokerage hurdles and gaining greater control over their assets.

“Expanding xStocks to the EU aligns with Kraken’s growth strategy and makes U.S. markets more accessible to European investors,” said Mark Greenberg, Kraken’s global head of consumer.

Developed with Swiss fintech Backed, xStocks are blockchain-based representations of real-world stocks, allowing investors to trade, hold, and integrate them into DeFi protocols while retaining full self-custody.

Kraken’s EU rollout offers 24/5 trading and reflects growing demand for decentralized, transparent, and accessible financial markets. Currently issued as SPL tokens on Solana, xStocks are set to expand to BEP-20 and Ethereum, enabling broader cross-chain DeFi participation.