Crypto exchange giant Kraken has unveiled its xStocks tokenized stock service in Europe, giving investors direct access to U.S. equities like Apple, Tesla, and Microsoft , but in blockchain-based token form.
Europe, your wait is over.
xStocks are now live in the Kraken app for eligible clients in Europe!
Break the broker barrier ?https://t.co/viHhrZp8Jv pic.twitter.com/sGV7MeI4nJ
— Kraken (@krakenfx) September 10, 2025
The move marks a significant step in the growing convergence of traditional finance (TradFi) and blockchain technology, reshaping how individuals can manage and diversify their portfolios.
Tokenized Stocks: A New Gateway Between Wall Street and Blockchain
Each xStock token represents a fraction of a real U.S. stock, backed by an underlying share held by a regulated custodian. Unlike traditional stock markets, which operate on fixed schedules, Kraken’s tokenized shares can be traded 24/7, removing the time constraints of Wall Street.
The service also lowers entry barriers by enabling fractional investing, allowing users to buy smaller amounts of high-priced stocks. Coupled with Kraken’s transparent fee model, investors benefit from reduced transaction costs compared to traditional crypto exchanges.
A Regulatory-Ready Rollout in Europe
Kraken strategically launched xStocks in Europe, where the Markets in Crypto-Assets (MiCA) regulation has recently gone into effect. Backed by existing licenses across several EU nations, the platform ensures legal compliance and security, addressing long-standing investor concerns about unregulated tokenized equities.
This regulatory clarity positions Kraken as a first mover in the tokenized asset space, appealing to both retail investors and institutions that demand trust and oversight.
A Market on the Rise
Tokenized assets are one of the fastest-growing areas in digital finance. Industry forecasts suggest the market could reach trillions of dollars by 2030. While crypto exchange rivals like Binance and Bitfinex have dabbled in tokenized stock offerings, Kraken aims to differentiate itself through compliance, transparency, and accessibility.
Experts believe tokenized equities will eventually blur the lines between decentralized finance (DeFi) and traditional markets, providing continuous liquidity and easier integration into blockchain ecosystems.
By launching xStocks, Kraken not only expands its product lineup but also positions itself at the forefront of Europe’s evolving digital securities market. For the next generation of investors, who are already familiar with crypto, this innovation could be the bridge that makes stocks as easy to trade as Bitcoin.
