xStocks

Key Takeaways: Kraken introduces xStocks Vaults to earn onchain yield on tokenized exposure to SPY, Nasdaq-100 and NVIDIA. Users can deposit SPYx, QQQx or NVDAx and receive up to 2%…

TL;DR xStocks are tokenized U.S. equities, backed 1:1 by the underlying stock, available to partners through Kraken’s existing spot and futures APIs. Partners can offer spot trading and perpetual futures…