The venture expects more than 70 assets, including 59 Direxion ETFs, but issuer objections still constrain shares tokenized by unaffiliated third parties.

The rollout includes LVMH, Rolls-Royce and SAP, but does not open xStocks to UK investors. GTN handles execution and custody of the underlying assets.

A stock token and its payment can change hands together, but custody arrangements and conversion into bank dollars remain separate parts of the process.

Ondo Stocks uses share-backed notes for eligible non-US investors, unlike the derivatives already trading on Anthropic's valuation.

Trades route through Jupiter, while tokenized securities are unavailable to US persons and users in several other major markets.

Scammers may cite genuine token addresses to appear legitimate, the company said, directing users to its official Solana mint directory.

Kraken's September FAQ listed 131 instruments. The tokens offer equity price exposure without shareholder rights, and US persons remain excluded.

Listed markets include NVDA and SPCX collateral at a 62.5% liquidation threshold and SPY at 77%, with USDG as the loan asset.

Redemption requires an eligible, verified Backpack account, and transfers from Backpack to another brokerage are not yet supported.

The early-access feature uses automatic USDG loans at 50% initial loan-to-value, with non-USDG deposits capped at $20,000 per account.