Kraken has partnered with Trust Wallet to enhance the accessibility of its tokenized equities product, xStocks, for over 200 million users globally. This integration allows Trust Wallet users to trade 60 different xStocks, using local fiat currencies, while also supporting cross-chain deposits and withdrawals on platforms such as Solana, BNB Chain, Tron, and Ethereum. Kraken's co-CEO Arjun Sethi emphasized that this partnership represents a shift towards borderless global markets. However, potential users should note that tokenized equities may be subject to regional restrictions and are currently not available in certain countries, including the US, Canada, and Australia. Users are reminded that tokenized securities are governed by securities laws, which include Know Your Customer (KYC) regulations. Since launching, xStocks has garnered significant demand, exceeding $4 billion in trading volume on centralized and decentralized exchanges. Despite the potential reach, legal constraints may affect the actual number of eligible users.

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