Tokenized Shares of Solana Treasury Company Defi Dev Coming to Kraken

From Yahoo Finance: 2025-06-23 10:34:00

DeFi Development Corp. is tokenizing its shares on the Solana network through Kraken, becoming the first U.S.-listed crypto treasury strategy to go on-chain. Interest in tokenization of real-world assets is growing, with on-chain equities expected to be a major asset group with a potential market size of $18.9 trillion by 2033.

DeFi Dev’s CEO views the tokenization of their stock as a DeFi lego block, offering developers and institutions a new building block. Kraken’s xStocks alliance is seeing high demand for on-chain access to US equities, with excitement in the crypto community for companies like DFDV. Coinbase is also seeking regulatory approval for tokenized stock trading.

(Source: CoinDesk)

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