Kraken to offer the American stock icon to non -American clients

Crypto Excination Kaken plans to supply non -United States customers with a distinctive American stock trading option, which is part of the company’s batch to provide more traditional assets through the distinctive symbol.
Products will be offered through BackDed, a new Kraken partner, according to a joint statement with Cointelegraph. The statement said that the distinctive symbols that represent the shares will be stored on Solana Blukachin because of its “unparalleled performance, decrease in cumin and the booming global ecosystem.”
“We are able to see things very transparently,” said Cragon Arjun Sethi during the Solana acceleration event on May 22.
The decision to integrate more traditional investment options may indicate a shift by Kraken for less competition with encrypted stock exchanges such as Coinbase and more with large brokerage companies such as Robinhood, which provides a wide range of investment options.
On April 14, Kraken Opening access to the exchange funds on the stock exchange and stock trading For us customers in New Jersey, Connecticut, Wyoming, Oklahoma, Idahu, Iowa, Rod Island, Kentucky, Alabama and Colombia Province.
In 2021, Binance Cryptocurrency Binance launched a similar initiative but eventually canceled due to issues related to organizational agencies in various countries around the world.
According to Sethi, Kraken builds a “set of microscopic services” to expand its customers.
Related to: Crypto Excination Kraken Explore $ 1B Submission: Report
The distinctive symbol movement of the corner
RWA’s asset symbol (RWA) has been a major topic of encryption over the past few months. The market value of the sector Go up From 15.9 billion dollars on January 3 to 22.7 billion dollars on May 20, a 42.8 % jump represented in this period.
A special special credit and the US treasury are dominant origins in the market, while stocks account Only for $ 373.4 million.
Robinhood is also transmitted to offer symbolic shares. According to a recent announcement, mediation It works on Blockchain for distinctive securities This will provide European investors exposed to the companies listed in the United States.
The distinctive symbol of RWA is gaining traction between brokerage companies, exchanges and companies due to many major advantages. It reduces pre -costs by reducing dependence on traditional financial infrastructure. In addition, the distinctive symbol helps in adding a democratic character access to investment opportunities, enabling retail investors to participate in the markets that were previously limited to accredited investors.
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