Kraken's Mark Greenberg says tokenization expands money beyond fiat and boosts on-chain RWA growth

Kraken Head of Consumer Mark Greenberg told CNBC on Wednesday that blockchain-based tokenization is pushing the concept of money beyond fiat, allowing people to save, trade, and spend in a wide range of tokenized assets. He noted that Kraken's tokenized stock product has drawn more than 80,000 wallets and around $14 billion in volume since launching in the second quarter of this year, while on-chain real-world assets have reached nearly $415 billion.