In what is a monumental moment for the digital asset sector, cryptocurrency exchange Kraken is officially set to offer purchasable and tradable tokenized Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA) stock. Indeed, the exchange is set to launch the feature for non-US customers, according to a Wall Street Journal report.
The development is a major step forward for the burgeoning tokenization market. There are many who believe it could have a future as bright as the cryptocurrency sector. Moreover, Kraken is the most prominent example of tokenization in the stock market and could be indicative of an impending shift.
JUST IN: 🇺🇸 Kraken to offer tokenized US stocks to users worldwide.
— Watcher.Guru (@WatcherGuru) May 22, 2025
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Kraken Offering Tradable Tokenized Stocks For Some of the Biggest Companies in the World
There is no shortage of excitement surrounding what the development and implementation of tokenized securities could mean for finance. Just weeks ago, US Securities and Exchange Commission Hester Peirce said tokenization could transform financial markets as we know them.
The process has already started. Indeed, one of the biggest cryptocurrency exchanges on the planet is using tokenization to increase access to some of the biggest entities in the world. Specifically, Kraken has announced it is set to offer tokenized stocks for companies like Apple, Tesla, Nvidia, and more.
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Offered to customers outside of the US, the Kraken launch will make access to these American businesses even easier. Like traditional cryptocurrencies, they are able to be traded 24 hours a day, seven days a week. That alone creates a stark deviation from traditional Wall Street markets, as they close and open on a given weekday.
The rollout is set to begin in the next several weeks, Kraken told the Wall Street Journal. Moreover, these tokenized stocks will begin by going live in Europe, Latin America, Africa, and Asia. Currently, there is no timetable for when the United States will get a similar offering from the exchange.