Kraken
Every story this desk has filed under Kraken, most recent first.
Kraken's Parent Agrees to Buy a Lithuanian Bank, the First Such Deal by a Crypto Firm in the EU
Payward will acquire Saldo Bank, which reported €196.9m of assets at the end of June, securing an EU licence that allows deposits and lending.
Bybit Starts Selling Real Shares for USDC, Next to Its Own Stock Tokens
The exchange has launched trading in more than 1,000 US stocks and ETFs funded with USDC, with Alpaca executing and holding the shares, sitting alongside Bybit's tokenised xStocks products.
Kraken Lends Out Tokenized Nvidia and Moves the Collateral Off Ink
The exchange's new xStocks vaults put tokenized equities and ETFs to work in DeFi lending markets, targeting up to 2 percent a year, and the collateral leaves Ink for Solana to do it.
Nasdaq Puts $100m Into Kraken's Parent and Buys Into the Tokenised Equity Stack
Nasdaq Ventures is investing $100 million in Payward, Kraken's parent, at a reported $21 billion valuation, deepening a partnership aimed at round-the-clock tokenised equity trading.
The London Stock Exchange Hands 100 of Its Own Listings to Kraken's Owner
Payward, Kraken's parent and the developer behind xStocks, will tokenize 100 London-listed stocks, with an LSE venue intended to support trading around the clock on weekdays. Regulatory approval is still outstanding.
Ink Carries 963 Tokenized Stocks, Five Times Robinhood Chain's Roster
Kraken's layer 2 holds the largest verified tokenized equity roster on any chain this desk counts: 963 companies issued by Backed Finance, against 196 on Robinhood Chain. Most of them are held by a single address, which is what a market looks like before it opens.