Kraken, a crypto-exchange that partners with Nasdaq’s financial division to create a portal for traders who want to swap tokenized equity from regulated markets into DeFi ecosystems.
Nasdaq is working on a new design of equity tokens that will be available in the first six months of 2027.
Kraken’s xStocks will be used in the new partnership. These are tokenized versions real-world equities, and ETFs (exchange-traded fund).
Kraken claims that the new gateway connects permissioned equity market with permissionless financial networks where xStocks is offered.
Arjun Sethi is the co-CEO of this exchange. He notes that tokenized equity can be used as collateral in spot markets, margin trading, derivatives or perpetual futures.
Our partnership with Nasdaq, is crucial because tokenization by itself does not create markets. Liquidity risk management, reliable infrastructure and a robust liquidity model are required to create markets. We are combining Nasdaq’s expertise in equity markets, Payward’s digital asset platform and Kraken’s global trading platforms to build the financial applications and liquidity layer risk engine that will allow tokenized shares to operate within a global, continuous, and capital-efficient system .”
Kraken reports that xStocks has clocked up more than 25 billion dollars in transaction volume total since its launch last year.
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As new information becomes available, this post Nasdaq Partners With Crypto Exchange Kraken To Link Tokenized Equities Markets To Decentralized Blockchains could be updated.
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