Kraken has introduced its first regulated tokenized stock perpetual futures, available to qualified non-U.S. users in over 110 countries. The initial offerings include tokenized versions of the S&P 500, Nasdaq 100, Apple, Nvidia, Tesla, and SPDR Gold ETF. This product is built on the xStocks tokenized stock service, which Kraken acquired in December. The underlying xStocks tokens are fully collateralized and supported 1:1 by the respective assets, providing pricing anchors even when U.S. exchanges are closed.