Kraken Expands Platform with 7,000+ US Stocks and Tokenized xStocks

Kraken has expanded its platform to include trading in more than 7,000 US-listed stocks for customers across the European Economic Area (EEA). The move allows eligible EEA customers to trade traditional US equities alongside over 600 crypto assets and more than 700 tokenized equity products known as xStocks. These products are blockchain-based tokens designed to track the value of underlying equities, with a cumulative transaction volume of $38 billion since their launch in 2025.

Kraken plans to expand the stock-trading service into additional markets in the coming months, forming part of its broader expansion into equities and other financial products. The company acquired Backed Finance in 2025, giving it a direct connection to the issuer of xStocks available through its platform.