Kraken unveils xChange, a unified execution layer for xStocks tokenized equities on Ethereum and Solana
Kraken is introducing xChange, an onchain trading engine that serves as a unified execution layer for xStocks tokenized equities operating 24/5 on Ethereum and Solana. The platform is set to support direct trading of more than 70 tokenized U.S. stocks and ETFs, while xStocks has already recorded over $25 billion in lifetime volume across Ethereum, Solana and TON. The launch comes as institutions highlight the need to reduce fragmentation in tokenization markets and as tokenized equities and ETFs continue to expand despite a recent drop in activity metrics.