Kraken Supports Some Tokenized Stocks and ETFs as Collateral for Futures and Leverage Trading

CoinFeed July 5 news, according to Cointelegraph, the crypto exchange Kraken has started accepting some tokenized stocks and ETFs as collateral for futures and leverage trading, allowing eligible users to open leveraged positions without selling their holdings. The feature initially supports 10 tokenized stocks and ETFs, including Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. Eligible users can use these holdings as collateral without selling them first.