Ethereum Becomes Latest Home for Krakens Tokenized Equities Expansion

Kraken and Backed have introduced tokenized equities on the Ethereum blockchain, adding another network to the multi-chain rollout of the xStocks product. Kraken Expands Tokenized Equities Offering to Ethereum The companies said xStocks will be issued as ERC20 tokens on Ethereum, each backed 1:1 with the corresponding equity listed on Krakens platform. Eligible clients will []