Kraken Lets You Use Tokenized Stocks as Collateral | Bitcoin and Crypto News

Kraken just dropped a major move: tokenized stocks and ETFs can now be used as collateral for futures and margin trading—no need to sell your actual shares. Ten top assets including Apple, Nvidia, Tesla, and SPDR S&P 500 ETFs are first in line, but with a twist—Kraken applies collateral haircuts (10% for ETFs, up to 30% for volatile stocks) to account for risk. Available only to eligible non-U.S. clients, with caps of $1M for ETFs and $250K for stocks. This isn’t an isolated play—it’s part of a growing trend, with giants like BlackRock and Franklin Templeton also embracing tokenized assets for trading and lending. The space is exploding, with recent examples like tokenized Treasuries settling via tokenized cash, proving blockchain’s role in reshaping finance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/43cad06108fb570c