Kraken's xStocks Platform Introduces xChange for Tokenized Equities

Kraken's xStocks platform has unveiled xChange, an onchain trading engine designed for over 70 tokenized equities on Ethereum and Solana. According to NS3.AI, these tokenized shares are backed 1:1 by underlying stocks held in custody, ensuring that their prices closely follow public market prices. Since its launch in June, xStocks has facilitated approximately $25 billion in total trading volume.