Kraken and Backed launch tokenized U.S. equities on Solana

#Kraken has partnered with #Backed and the #SolanaFoundation to introduce tokenized U.S. equities on the Solana $SOL blockchain. The initiative, announced during Solana Accelerate, will make stocks and #ETFs available as digital assets under the new xStocks brand. Initially, eligible Kraken users in select non-U.S. markets will access these assets directly through the Kraken app. Solana’s #blockchain was chosen for its transaction speed and infrastructure.