Kraken has unveiled a novel trading product, tokenized stock perpetual futures, designed specifically for traders outside the United States. This innovative offering is constructed on the xStocks framework, providing traders with the opportunity to engage with tokenized benchmarks that are tied to prominent US equities and gold. Notably, these contracts offer leverage of up to 20x, thereby amplifying the potential for both gains and losses. By introducing this product, Kraken aims to cater to the diverse needs of its global client base, excluding US traders, and provide them with a unique and potentially lucrative investment opportunity. The xStocks framework serves as the foundation for these contracts, ensuring a robust and reliable trading experience. With the launch of tokenized stock perpetual futures, Kraken reaffirms its commitment to innovation and customer satisfaction, further solidifying its position in the cryptocurrency and trading landscape. The introduction of this product underscores the evolving nature of financial markets and the growing demand for sophisticated trading instruments that transcend geographical boundaries. As the cryptocurrency space continues to mature, the emergence of such innovative products is expected to play a pivotal role in shaping the future of trading and investment. By providing access to tokenized stock perpetual futures, Kraken is poised to capitalize on this trend, offering its non-US clients a compelling and dynamic trading experience that aligns with the ever-changing landscape of global finance.
