Kraken's Tokenized Stock Trading Platform Launches Points Program, May Introduce Ecosystem Token

Odaily News Kraken's tokenized stock trading platform, xStocks, has launched a points program to reward users who trade tokenized U.S. stocks on its platform, provide liquidity, and use related assets in DeFi. Points will be recorded based on multi-chain integration and trading scenarios. Participants may potentially gain rights related to the platform's ecosystem in the future, but specific details have not been announced yet. Typically in the crypto market, points programs are often seen as a precursor to token issuance, but xStocks has not officially announced any token plans yet. (CoinDesk)