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⛓️ Crypto🟢 BullishImportance 6/10
Kraken’s xStocks tops $25B in volume with more than 80K onchain holders
🤖AI Summary
Kraken's xStocks platform has surpassed $25 billion in trading volume with over 80,000 onchain holders, demonstrating significant growth in blockchain-based US stock trading. The milestone reflects increasing investor adoption of tokenized traditional assets and expanding cross-venue trading activity.
Key Takeaways
- →Kraken's xStocks platform has achieved over $25 billion in trading volume milestone.
- →The platform now has more than 80,000 onchain holders participating in tokenized stock trading.
- →Blockchain-based versions of US stocks are experiencing growing investor interest and activity.
- →Cross-venue trading for tokenized assets is expanding rapidly across the market.
- →The growth demonstrates increasing mainstream adoption of traditional finance integration with blockchain technology.
Read Original →via CoinTelegraph – DeFi
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