Kraken's affiliated platform xStocks launched the xPoints program, potentially paving the way for token issuance.

PANews reported on March 10th that, according to CoinDesk, xStocks, a tokenized US stock platform affiliated with Kraken, will launch the xPoints program to reward users who trade tokenized US stocks, provide liquidity, and use related assets in DeFi. Points will be recorded based on multi-chain integration and trading scenarios. Participants may receive benefits related to the platform's ecosystem in the future, but specific details have not yet been announced. The report points out that the tokenized stock sector currently has over $1 billion in locked value, having grown approximately threefold in the past six months; xStocks has processed over $25 billion in trading volume since its launch eight months ago and has partnered with Nasdaq to distribute some tokenized stocks outside the US.