Kraken Launches US Stock Trading Across European Economic Area | RWA News
RWA news: Kraken Launches US Stock Trading Across European Economic Area. This update explains what changed, why it matters for tokenization, onchain finance, and institutional adoption, and what the crypto market should watch next.
RWA And Tokenization Update

Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering alongside cryptocurrencies and tokenized equities.The crypto exchange said Tuesday that eligible EEA customers can trade US stocks through Kraken Pro and its mobile app under the company’s Markets in Financial Instruments Directive II authorization.The shares are available alongside more than 600 crypto assets and over 700 xStocks, which are tokenized versions of publicly listed equities.The setup allows customers to hold conventional shares and tokenized representations of the same assets within a single platform.The service is provided by Payward Europe Digital Solutions, Kraken’s Cyprus-based investment firm. Kraken said eligible customers can trade US-listed stocks commission-free, subject to applicable conditions. Kraken said it plans to extend its integrated equities offering to additional markets in the coming months.Kraken launched xStocks in 2025, offering tokenized exposure to US equities and exchange-traded funds. The company said xStocks has since generated more than $38 billion in total transaction volume.As of Monday, xStocks is the second-largest tokenized stock issuer by market capitalization, with about $609 million, behind Ondo Finance, with about $974 million, according to Token Terminal data. Binance’s bStocks is currently the third-largest issuer, with about $544 million. Related: Kraken adds S&P 500 to funded trading program, commodities to followCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Why This RWA News Matters
First, this development may affect tokenized assets, onchain finance, institutional participation, and market liquidity. In addition, it may influence treasury products, private credit, tokenized funds, and cross-market adoption. As a result, traders and investors should watch the next moves closely.
What To Watch Next
Watch for updates from issuers, asset managers, exchanges, and regulators. In particular, any new developments involving tokenized treasuries, real estate, private credit, or tokenized securities could directly affect the broader crypto market.



