到拜登时代结束时，新时代似乎正在为数​​字融资而生。

随着拜登时代的结束，新时代似乎正在为数​​字融资而兴奋。当前的亲克莱托普托居住者似乎决心恢复创新

Coinbase began rolling out the S&P 500 integration on its platform back in June. Now, another crypto exchange is joining the initiative. California-based exchange Kraken is partnering with Backed to offer tokenized stocks on Solana.

Coinbase于6月开始在其平台上推出S＆P 500集成。现在，另一个加密交易所正在加入该计划。总部位于加利福尼亚的Exchange Kraken正在与后支持合作，在Solana上提供令牌化股票。

This project, named xStocks, will allow Kraken’s clients outside the United States to invest in shares of companies like Apple, Tesla, or Nvidia in crypto.

这个名为Xstocks的项目将允许Kraken在美国以外的客户投资Crypto等苹果，特斯拉或Nvidia等公司的股票。

Through SPL tokens, investors will be able to trade these stocks 24/7. The system promises unprecedented accessibility: no schedules, no borders, no intermediaries.

通过SPL令牌，投资者将能够24/7全天候交易这些股票。该系统承诺空前的可访问性：没有时间表，没有边界，没有中介机构。

“We are reimagining stock investment and responding to a new demand from our clients,” stated Konstantin Filopoulos, chief technology officer at Kraken.

Kraken首席技术官Konstantin Filopoulos说：“我们正在重新想象股票投资并响应客户的新需求。”

This unique, open, and programmable architecture opens the door to a new finance — much more flexible than TradFi.”

这种独特的，开放和可编程的建筑为新的金融打开了大门 - 比Tradfi更灵活。”

Tokenization and Solana: a strategic fusion with great potential

令牌化和索拉纳：一种具有巨大潜力的战略融合

The choice of the Solana blockchain is no accident. Speed, low latency, reduced costs: it ticks all the boxes for a large-scale service. xStocks are designed to be composable and integrate into DeFi and CeFi ecosystems and to be used as derivatives or collateral.

索拉纳区块链的选择绝非偶然。速度，低延迟，降低成本：它为大规模服务的所有盒子打勾。 Xstocks设计为可以组合并整合到Defi和CEFI生态系统中，并用作衍生物或抵押品。

At their launch, more than 50 stocks will be available in certain non-US markets, with plans for a wider rollout in the coming months. Arjun Sethi, co-CEO of Kraken, highlighted the company’s vision:

在发布会上，某些非美国市场将有50多股股票，并计划在未来几个月内推出更广泛的推出。 Kraken联合首席执行官Arjun Sethi强调了公司的愿景：

“We are building a financial architecture that is accessible, borderless, and free from time constraints.”

“我们正在建立一种可访问，无边界且没有时间限制的财务体系结构。”

Kraken is also making a bet on competition. Platforms like Robinhood and even behemoth BlackRock are investing heavily in tokenization strategies. Binance’s attempt to launch a similar service in 2021 ultimately failed, serving as a stark warning. However, political signals have shifted, with looser regulations under Trump paving the way for greater agility in financial innovation.

Kraken还在竞争上下注。像Robinhood，甚至庞然大物贝莱克（Blackrock）这样的平台正在大力投资于令牌化策略。 Binance试图在2021年推出类似服务的尝试最终失败了，这是一个明显的警告。但是，政治信号发生了变化，特朗普规定的法规更加宽松为金融创新的敏捷性铺平了道路。

Exchange war: when crypto redefines investment

交换战争：加密货币重新定义投资

The race is on. Every crypto exchange wants its piece of the pie. From behemoths like Coinbase and Robinhood to smaller players, they are all betting on bringing real-world assets into the digital realm. In this rapidly evolving landscape, innovation becomes the key differentiator.

比赛开始。每个加密交流都希望它的馅饼。从Coinbase和Robinhood等庞然大物到较小的玩家，他们都押注将现实世界的资产带入数字领域。在这种快速发展的景观中，创新成为关键区别。

Some key figures on the tokenization of real-world assets (RWA):

关于现实世界资产的令牌化（RWA）的一些关键人物：

With features like use as collateral or free transfer via wallet, Kraken aims to appeal to users tired of the traditional limits of investing. The stage is set: the demand for alternative investment products is booming, the technological tools are becoming mature, and crypto is establishing itself as a preferred alternative to the limited offerings of the old institutions.

Kraken凭借使用诸如抵押品或免费转移的功能，旨在吸引厌倦了传统投资限制的用户。设定了阶段：对替代投资产品的需求正在蓬勃发展，技术工具正在成熟，而加密货币则将自己确立为旧机构有限产品的首选替代品。

Kraken’s ambitions don’t stop there. The platform is currently in talks with Goldman Sachs and JPMorgan to raise one billion dollars ahead of its initial public offering planned as early as the first quarter of 2026. This project marks a strategic transformation: Kraken wants to become a key institutional player in crypto.

克雷肯的野心不止于此。该平台目前正在与高盛和摩根大通（Goldman Sachs）和摩根大通（JPMorgan）进行对话，该平台早在2026年第一季度就计划筹集了10亿美元。该项目标志着战略性转型：Kraken希望成为加密货币的重要机构参与者。