The contracts are built on the xStocks framework, a tokenised-equity model in which each asset is fully collateralised and backed in 1:1 ratio with the underlying.

Cryptocurrency exchange platform Kraken has launched the tokenised equity perpetual futures contracts, giving eligible non-US clients access to leveraged exposure on major equity indices, gold-backed exchange-traded funds (ETFs) and selected US stocks through its derivatives venue. The products will support leverage of up to 20x  The contracts have been built on the xStocks framework, a tokenised-equity model in which each asset is fully collateralised and backed by 1:1 by the underlyin