Kraken Acquires Backed Finance to Expand Tokenized Assets Push

Cryptocurrency trading platform Kraken has taken the next step in expanding its offering of tokenized real-world assets by acquiring Backed Finance, the largest issuer of tokenized equities and exchange-traded funds. It will be a great move in Kraken’s tokenization strategy, as the company moves toward its confidentially filed 2026 IPO. The acquisition will consolidate Kraken’s […]