Kraken-affiliated platform xStocks has introduced the xPoints program, designed to reward users for trading tokenized US stocks, providing liquidity, and engaging with DeFi assets. The program will track points through multi-chain integration and various trading scenarios, potentially leading to future ecosystem benefits. While specific details remain undisclosed, the initiative marks a significant step towards possible token issuance. The tokenized stock sector has seen substantial growth, with over $1 billion in locked value, tripling in the past six months. xStocks has reported over $25 billion in trading volume since its inception eight months ago and collaborates with Nasdaq to distribute tokenized stocks internationally.
Kraken's xStocks Launches xPoints Program for Tokenized Stock Rewards
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