Exchange News: Kraken Acquires Backed Finance to Expand Tokenized Stocks
Kraken strengthens tokenized stock offerings by acquiring Backed Finance, aiming for global digital asset integration and a 2026 IPO. Kraken has acquired Backed Finance, the world’s second-largest stock tokenization platform, to expand its tokenized assets. Moreover, the deal places Kraken in a position to bridge the traditional finance and decentralized finance worlds by bringing real-world...
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