Kraken Disrupts Finance with Tokenized Stocks for Global Traders

Kraken is breaking barriers by bringing tokenized US stocks to non-US customers, merging traditional investing with blockchain efficiency.

Teaming up with Backed, the exchange will use Solana for its unmatched speed and ecosystem, reinforcing crypto’s role in modern finance.

“Why shouldn’t we innovate at lightning speed?” Kraken’s Arjun Sethi challenged at Solana’s event. “Crypto is transparent, decentralized, and built for evolution.”

This bold step positions Kraken as a hybrid contender—less a crypto exchange and more a next-gen brokerage rivaling giants like Robinhood.

The announcement follows Kraken’s recent US stock trading expansion, hinting at even bigger ambitions ahead.