News Explorer — Kraken to Acquire Backed Finance to Advance Tokenization Efforts

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Dec 2, 10:48 pm

Decrypt

Kraken to Acquire Backed Finance to Advance Tokenization Efforts

Kraken's acquisition of Backed Finance AG aims to boost tokenization, facilitating the trading of securities on blockchain networks like Ethereum and Solana. The move is part of Kraken's strategy to enhance global adoption of tokenized assets and revolutionize market structures.

Kraken's acquisition of Backed Finance AG aims to boost tokenization, facilitating the trading of securities on blockchain networks like Ethereum and Solana. The move is part of Kraken's strategy to enhance global adoption of tokenized assets and revolutionize market structures.

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