Mark Greenberg, global head of Kraken’s Consumer Business Unit, stated that tokenized equities should not merely replicate traditional Wall Street structures on the blockchain. Instead, he argues for a reinvention of how users access financial assets. Greenberg emphasizes that tokenized equities must enhance accessibility, programmability, and global reach. He believes there is a transformative potential in how markets function, providing retail users the tools typically reserved for hedge funds. Greenberg also highlighted Kraken’s commitment to regulatory compliance while promoting programmable, decentralized financial systems, exemplified by their recent product, xStocks, allowing trading of major equities on decentralized finance protocols. This innovative approach aligns with the evolving landscape of capital markets, indicating that regulation should adapt to foster such developments.

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