Kraken democratizes Nvidia stock: trade NVDA tokens 24/7, even on holidays

2025-05-23 nvidia

San Francisco, Friday, 23 May 2025.
Kraken is launching tokenized NVIDIA (NVDA) shares for international investors. This gives access to fractional shares, increasing liquidity. Dubbed xStocks, these tokens operate on the Solana blockchain. They will trade 24/7, bypassing traditional market hours. Kraken’s move aims to bring Wall Street to the crypto world. Over 50 US stocks and ETFs will be available. This offers access to markets previously restricted. Binance tried similar tokens in 2021 but faced regulatory issues. Kraken is working with regulators to ensure compliance.

Expanding access to NVDA

Kraken’s initiative, revealed on May 21, 2025, under the xStocks brand, broadens access to U.S.-listed stocks and ETFs for clients in select non-U.S. markets [2]. These tokenized securities, including NVIDIA, Apple, and Tesla, are now available to clients outside the U.S. as of May 23, 2025 [1]. The tokens, issued on the Solana blockchain, enable 24/7 trading, which includes trading during U.S. market holidays [2][3]. This move addresses the difficulties international investors face, potentially boosting NVDA’s trading volume and diversifying its global investor base [GPT].

Tokenization benefits

Mark Greenberg, Kraken Global Head of Consumer, stated that Kraken is reimagining equities investing, meeting the demand for better alternatives [2]. Arjun Sethi, Kraken’s co-CEO, believes that tokenization can reduce the frictions involved in cross-border investments [5]. Tokenized securities may eventually be traded on other crypto exchanges [5]. They could also be moved to personal digital wallets [5]. These tokens might be used as collateral for crypto-based loans or trading strategies [5]. BlackRock and Robinhood have also shown interest in tokenizing traditional assets [5].

Nvidia’s market position

NVIDIA, registered in California in 1993 and re-registered in Delaware in 1998, stands to benefit from increased accessibility to its stock [7]. Recent insider activity shows executives and directors selling shares [7]. For example, on March 21, 2025, Colette Kress, an NVIDIA executive, planned to sell 66,660 shares for approximately $7.8459 million [7]. Despite these sales, the introduction of tokenized NVDA shares could attract a new wave of investors, offsetting any potential negative impact [GPT].

Navigating regulatory landscape

Kraken’s approach contrasts with Binance, which abandoned its tokenized stock offerings due to regulatory pressures [3][5]. A Kraken spokesperson affirmed the company is actively cooperating with regulatory authorities to ensure compliance [3]. Kraken previously faced a $30 million fine from the SEC for failing to register an offering [1]. The company is working to avoid similar issues with xStocks [GPT]. The xStocks are not available in the U.S. due to regulatory restrictions [2][5].

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Tokenized Equity Nvidia Stock