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via The Block · By The Block Editorial

Kraken co-CEO says tokenized equities won't 'open the floodgates' for institutions overnight

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The Block Editorial

(12:21 PM UTC)

1 min read

Updated byDavid Kim

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Kraken co-CEO Arjun Sethi said tokenized equities are unlikely to see rapid adoption among major U.S. financial institutions, suggesting the shift will play out over years rather than months.

Speaking with The Block's Gareth Jenkinson at Consensus 2026, Sethi said Kraken's xStocks product has settled around $5 billion worth of value onchain since launching in June 2025. He described tokenized…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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