🚀 Kraken Unleashes EU Traders on U.S. Stocks – No Brokers, No Borders, Just Blockchain Magic! 🤑

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Well, butter my biscuit and call me a blockchain cowboy – Kraken’s gone and done it again! Those clever scallywags have flung open the gates to the Wild West of U.S. stocks for their EU comrades, all thanks to their shiny new toy, xStocks. And who’s behind this financial fandango? Why, it’s Backed, of course – the unsung hero in this tale of tokens and treasure. 🌍💰

  • Kraken’s EU traders can now mosey on over to xStocks, no passport required. 🌟
  • Over 60 U.S. tokenized stocks and ETFs are up for grabs – more choices than a Sunday buffet! 🥞

So, here’s the lowdown: Kraken’s EU folks can now swap their euros for a piece of the American pie, trading tokenized U.S. stocks and ETFs like they’re swatting flies. This ain’t just a local shindig – it’s part of a global hoedown, with over 60 tokenized assets already dancing across 140 countries. Yeehaw! 🌎🕺

What’s on the menu, you ask? Oh, just little ol’ companies like Tesla, NVIDIA, Google, and Apple. You know, the kind of names that make your wallet whisper sweet nothings. All accessible through the Kraken app, no less. 📱✨

Now, these xStocks ain’t your grandpappy’s stocks. They’re tokenized, blockchain-ified, and backed 1:1 by real shares held by some fancy custodian. They mirror traditional stocks like a mirror mirrors your mug, but with a twist – they’re open 24/7, globally accessible, and let you own fractions of shares. It’s like having your cake and eating it too, but with more zeros in your bank account. 🍰💸

And let’s not forget the DeFi shenanigans. These tokens play nice with Decentralized Finance protocols, so you can fiddle with your assets like a cat with a ball of yarn. No need for stuffy brokers or traditional accounts – just pure, unadulterated financial freedom. 🏦❌

Historically, EU traders trying to dip their toes in U.S. markets have had it rougher than a badger in a bear trap. Currency rates, cross-border transfers, market hours – it’s enough to make a grown man cry. But Kraken’s swooped in like a knight in shining armor (or a pirate with a blockchain), tearing down those barriers with xStocks. No more red tape, just smooth sailing on the high seas of finance. ⚓⛵

By putting U.S. stocks on-chain, Kraken’s letting EU investors trade like they’ve got a golden ticket to Willy Wonka’s factory. No brokers, no third parties – just you, your tokens, and the open road. And if you wanna move your assets around? Go right ahead. It’s like having a Swiss Army knife for your portfolio. 🇨🇭🔧

Oh, and did I mention DeFi? EU traders can now use xStocks as financial Legos, stacking them across protocols like they’re building a castle. And unlike traditional markets, which close faster than a flower shop on a Sunday, xStocks are open 24/5 on Kraken. Because who needs sleep when you’re making money, right? 💤💸

Kraken’s xStocks Extravaganza

Now, xStocks started their journey as SPL tokens on the Solana blockchain – fancy, I know. But Kraken’s got bigger fish to fry. They’re planning to expand to BEP-20 on the Ethereum mainnet, giving users the choice between Solana (SOL) and Ethereum (ETH). It’s like choosing between pie à la mode or cake – both sweet, but different kinds of delicious. 🥧🍰

And that’s not all, folks! Kraken’s got its eyes on more blockchains, including Ink and others. It’s like they’re throwing a blockchain party, and everyone’s invited. 🎉🎊

Mark Greenberg, Kraken’s Global Head of Consumer, called this move a “natural next step” – as natural as a man walking on the moon, I suppose. “For too long, it’s been harder to get into U.S. markets than to find a honest politician,” he said. “With xStocks, we’re knocking down those walls like they’re made of cardboard.” 🌕🚀

According to the number crunchers at Dune Analytics, xStocks has racked up over $3.6 billion in trading volume since its launch on June 30. That’s more money than most of us will see in a lifetime, and it’s just getting started. The big players? TSLAx, NVDAx, MSTRx, and CRCLx – tracking Tesla, NVIDIA, and Circle like bloodhounds on a scent. 🐕💨

In mid-August, xStocks made up a whopping 58% of all tokenized stock trading. And Solana? Well, it’s hogging the spotlight with $46 million out of $86 million in market value. That’s what I call a blockchain blockbuster. 🎬🌟

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2025-09-10 12:30