Kraken Launches API Partner Program with Tokenized Equities
Crypto and traditional markets unite on a single platform.
1What Are Tokenized Equities?
xStocks are 1:1 collateralized tokenized versions of real stocks. Major companies like Apple, Nvidia and ETFs like SPYx, QQQx are offered through Kraken's API for spot and futures trading. Users can access both crypto and traditional assets from a single account.
2Why It Matters
Modern investors want to manage portfolios on unified platforms. Kraken's research shows users migrate to other platforms to trade Bitcoin and Apple stock simultaneously. xStocks bridges this gap, significantly improving user retention.
3Technical Advantages
Partners can offer xStocks without modifying existing Kraken API integrations. All features including 20x leveraged futures work with current infrastructure. No new accounts or additional technical costs are required.
4Partner Program Details
Kraken API Partner Program offers lifetime commission benefits. Combined crypto and xStocks trading volume determines commission tiers. Platforms increase revenue while delivering added value to users.
5Market Opportunity
Most platforms currently lack multi-asset access. xStocks helps crypto platforms attract traditional investors while enabling traditional platforms to reach crypto users, creating a unique market position.
6Future Impact
The rise of tokenized assets accelerates crypto-traditional finance integration. Kraken's move is seen as pioneering the 'one-stop-shop' trend in financial services. Investor behavior is undergoing permanent transformation.