Cryptocurrency exchange will enable non-US customers to trade Tesla, Apple, Nvidia and Microsoft shares
American cryptocurrency trading exchange Kraken , whose registered legal name is Payward Inc., has announced plans to allow non-US customers to trade shares of popular companies.
According to a report by the Wall Street Journal, this will take place in the form of tokens recorded in a digital ledger. Trading will involve shares of companies such as Apple, Microsoft, HP, Nvidia, Tesla and hundreds of others that will gradually be included in the new system.
Tokenized shares will operate on similar principles to trading in bitcoin and other cryptocurrencies. Trading will take place 24 hours a day, unlike classic stock exchange quotations.
Kraken said the launch of tokenized shares will begin in the coming weeks. American customers will not have access to the trading platform.
A new service involving the digitization of shares of the most attractive companies for investors will enable trading in tokens on its own cryptocurrency exchange.
Tokens will represent specific assets, in this case shares of listed companies recorded digitally based on decentralized blockchain technology.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked in the editorial offices of "Gazeta Krakowska" and "Kurier Polski". Member of the editorial team of "Przegląd Techniczny". He published texts in "Student", "Przekrój", "Życie Literackie". Since the economic and political changes, for over 20 years associated with the Reuters agency as a correspondent in Krakow. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works on the WNP.PL portal. His main professional interests are economics and politics at the global level and the participation of Polish business in this, especially companies listed on the Warsaw Stock Exchange. Winner of the "Ostrego Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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