“We’re working to make xStocks the global standard for tokenized equities,” the spokesperson said. “This isn’t about promoting any single brand—it’s about unlocking access and shifting power back to the people.”
Solana was a natural place to launch xStocks to “accelerate mass adoption,” but Kraken is already working with a “broad network of partners” to expand xStocks to additional blockchains, the spokesperson said. Ink is a key part of the company’s roadmap, they added.
As Kraken leans into xStocks, Robinhood is preparing to debut its own Ethereum layer-2 scaling network, with the intent of appealing to as many developers as possible, too.
Grayscale logo on smart phone in dark room. Source: Shutterstock