Kraken Gives Retail Investors Early Access to Ōura's Nasdaq Listing

Kraken is giving its customers in the EEA and other global markets access to Ōura's IPO, ahead of its listing on Nasdaq under the ticker OURA. The crypto exchange has opened up xStocks, a tokenized equities framework built by Payward, which allows eligible users to submit interest in the IPO.

Eligible customers can express interest within an indicated price range spanning $40.00 to $44.00 per share, with an additional 5% fee applied. However, allocation is not guaranteed and is determined by the IPO underwriters based on demand.

The OURAx token, a 1:1 tokenized representation of Ōura equity, will be delivered to customers' Kraken portfolios on listing day. Trading in OURAx tokens will begin immediately after listing, making it available on Kraken and participating platforms within the xStocks Alliance, as well as compatible DeFi venues.