Market News
Kraken launches tokens to offer 24/7 trading of U.S. equities - REUTERS
May 22 (Reuters) - Crypto exchange Kraken said on Thursday it is launching tokens of U.S. equities that will trade around the clock, giving non-U.S. investors exposure to high-profile companies such as Apple (AAPL.O), Tesla (TSLA.O) and Nvidia (NVDA.O).
Tokenization refers to the process of issuing digital representations of publicly-traded securities. Instead of holding the securities directly, investors hold tokens that represent ownership of the securities.
