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Kraken Unveils Bundled Crypto and Tokenized Equity Portfolios

Cointelegraph
Kraken has launched auto-rebalanced portfolios combining cryptocurrencies and tokenized US stocks for non-US investors.

Summary

Kraken has introduced new investment bundles that combine cryptocurrencies with tokenized US stocks and ETFs through its xStocks offering. These pre-built, auto-rebalanced portfolios are designed for non-US investors seeking multi-asset exposure. The assets are 1:1 backed and issued by Backed Assets. This initiative is part of Kraken's broader strategy to evolve into a full-service investment platform, following recent acquisitions and the integration of derivative-based products.

(Source:Cointelegraph)