Kraken supports tokenized stocks and ETFs as collateral for leveraged trading

Kraken allows eligible users to use some tokenized stocks and ETFs as collateral for futures and margin trading, with the first batch supporting 10 assets including Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. This feature is currently only open to eligible users outside of the United States. Kraken has set collateral value limits, with a cap of $1 million for large cap ETFs, $250000 for most individual stocks, and $100000 for tokenized gold and Circle stocks.