Kraken’s xStocks platform counted more than 1,000 instruments as of October 22, 2026, compared with 131 in its September 18 FAQ and 60 at launch in June 2025. The tokenized instruments provide price exposure to U.S. stocks and ETFs, with 1:1 backing held in regulated custody, but they do not confer shareholder rights. They are issued across multiple blockchains, including Solana, Ethereum and BNB Chain, and can be withdrawn for use in decentralized finance applications. Cumulative transaction volume had surpassed $40 billion by September 2026, while underlying assets exceeded $800 million across more than 300,000 unique holders. The product is available to eligible clients in more than 110 countries, but remains unavailable to residents of the United States, the United Kingdom and Canada.
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