Kraken Launches Regulated Tokenized Equity Perpetual Futures Contracts

Kraken has introduced a revolutionary financial product that allows clients to trade major U.S. equities, indices, gold, and individual stocks with up to 20x leverage. This new offering is based on the xStocks framework, which enables continuous trading and capital efficiency.

The tokenized equity perpetual futures contracts are listed on Kraken's derivatives venue, providing a regulated environment for traders to execute various strategies. The initial listings include S&P 500, Nasdaq 100, gold, and individual stocks such as Apple Inc., Alphabet Inc., and Tesla Inc.

Kraken's Global Head of Consumer Mark Greenberg stated that this launch represents a new chapter for global capital markets, where equities, indices, and commodities can trade with the same speed and accessibility as crypto via tokenization. The product is built using xStocks, which are fully collateralized and 1:1 backed by the underlying assets.

Kraken plans to expand its offering in the coming months to include additional tokenized stocks and ETFs, as well as extend access to more markets globally. Traders should note that trading derivatives involves a high level of risk and may not be suitable for all investors.