Kraken Decides to Acquire Backed Stocks in Aim to Expand Tokenized Global Stocks

Kraken plans to acquire Backed Finance AG, with the aim of further integrating tokenized stocks into the global financial mainstream. Backed to Join Kraken as Demand for Tokenized Stocks Grows Worldwide Kraken has agreed to buy Backed Finance AG, the issuer behind xStocks, in a deal intended to accelerate the expansion of tokenized stocks while tightening the (…)



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