Exchanges Expand Tokenization Of Real-World Assets

Cryptocurrency exchanges are expanding blockchain tokenization, marking broader asset digitization, Kraken head of consumer Mark Greenberg said to CNBC on Wednesday. Kraken's xStocks, launched in Q2, has attracted more than 80,000 wallets and about $14 billion in trading volume, while RWA.xyz records roughly $415 billion tokenized on-chain and consultancies project $2–$16 trillion by 2030. Other platforms, including Coinbase, Gemini and Robinhood, are similarly developing tokenized offerings.