Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first.
Summary
- Kraken allows ten xStocks as collateral, widening capital use for eligible non-US traders globally today.
- Broad-market ETFs carry lower haircuts, while volatile names like MSTRx and HOODx receive higher discounts.
- Related coverage shows Kraken moving tokenized assets toward collateral, cash management and institutional credit products.
The exchange said 10 xStocks assets are eligible at launch. The list…
