Kraken has announced plans to launch a prediction market in 2026, marking a significant expansion of its services. The move was revealed by Mark Greenberg, Kraken's Global Consumer Business Head, during a CNBC Crypto World episode. This initiative is part of Kraken's broader strategy to enhance its token offerings. In addition to the prediction market, Kraken is advancing its tokenized stock strategy through the acquisition of Backed Finance, a company known for issuing xStocks that tokenize traditional assets. Greenberg expressed optimism about the future of tokenized equities, suggesting positive price predictions for these digital assets.