The American -based crypto asset platform Kraken announced that it plans to launch a new service for investors living outside the USA. The company said that a large number of US -based shares, especially the shares of large companies such as Apple, Nvidia and Tesla, will offer tokenized versions.
Crypto -based stocks
Kraken’s new service introduced by the new service, Solana network will be implemented and this can be spread to other networks in the future. In a statement made on behalf of the company, the cooperation with Solana and Backedfi will make the product fast, unlimited and flexible. The statement also stated that collaborations will play an important role in the reliability and accessibility of service.
This strategic agreement with Solana caused an increase in the price of the left. As can be seen in the last example, solana is one of the biggest networks that meet the needs of this kind of infrastructure that requires fast and low processing fees and is very supportive in terms of its future.
Kraken announced that it will offer its service only to investors outside the United States. This preference was made due to the current regulatory environment and legal obstacles in the USA. Investors will be able to reach the stocks that are traded on American stock exchanges indirectly. We recently mentioned that the stock market has applied to SEC for guidance. Perhaps the platform for the USA can soon be available for access.
“With Backedfi and Kraken, tokenized US shares will soon be traded on faster, unlimited and flexible ways.” – Kraken
Solana was preferred
Kraken’s service will benefit from the technical facilities of the Solana network in terms of both speed and security. The company, this partnership; transparent, traceable and high performance. In addition, the new product is integrated with more blockchain in the long run.
Cooperation with Backedfi aims to ensure the real valuation and legal suitability of the tokens to be supplied. Thus, it is aimed to increase the transparency and confidence that investors emphasize during the process.
Kraken’s tokenized stock project represents a new turning point in the possible applications of Blockchain technology in financial systems. Investors closely monitor the spread of service and integration into other networks. The approach of legal authorities is among the factors that may directly affect the development of the sector.
With the new initiative of Kraken, the introduction of a token -based token to investors outside the United States may be the beginning of a new era in traditional financial markets. It is observed that the service is designed only in accordance with certain countries and investor profiles. In the long run, the presentation of financial products with blocky -based tokens can contribute to the development of markets in terms of liquidity, speed and accessibility. However, the role of regulations, security measures and collaborations in the process remains important.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
