Kraken Blog/
Kraken API Partner Program: xStocks, the asset class your users are already asking for
Kraken has launched xStocks, tokenized U.S. equities backed 1:1 by underlying stocks, available to partners via its spot and futures APIs. Partners can offer spot trading and perpetual futures with up to 20x leverage on assets like Apple, Nvidia, Tesla, SPYx, and QQQx alongside crypto assets.
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Why It Matters
It bridges the gap between traditional equities and crypto trading by allowing users to manage both asset classes from a single account and interface, potentially increasing user retention for trading platforms.