I almost missed this new partnership, and I think it could really have huge impact on crypto, in general.
For us, the users in the EU/EAA that really opens a new door to investing on the US stock market without using some famous/notorious proxies and could also increase crypto adoption.
Of course, KYC is required and I wouldn't expect less.
Now check out some of the text I got from the marketing email I received:
Equities used to have just one job: sit in your brokerage and wait.
They couldn’t move between markets, interact with blockchain networks, or be used as collateral across trading environments.
That’s all about to change.
xStocks was only the first step: bringing equities on-chain, with $27B in transaction volume and 85,000+ unique holders in less than a year.Kraken’s parent company Payward partnered with Nasdaq to build an equities transformation gateway: the infrastructure to connect regulated capital markets with open blockchain networks at scale.
What this means:
Nasdaq's equity token design, targeting launch in H1 2027 is a new framework for tokenizing equities while preserving issuer control, regulatory protections, and shareholder rights.
xStocks will enable those tokens to move between regulated markets and open blockchain networks in eligible jurisdictions.
Payward operates as the primary settlement layer, with KYC and AML compliance onboarding built in.
It's another exciting step toward a future where traditional markets and crypto networks operate together seamlessly.
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