Kraken bundles crypto and tokenized stocks in pursuit of multi-asset investors

Kraken launched bundled portfolios combining cryptocurrencies with its tokenized US stocks (xStocks) into pre-built, auto-rebalanced products aimed at non‑US multi-asset investors. The bundles pair Bitcoin with an S&P 500 index tracker and tech-stock baskets alongside crypto, allow recurring purchases, unbundling, and offer zero-fee trading for Kraken+ subscribers within limits. The move leverages xStocks — 1:1 backed tokenized equities/ETFs that processed more than $25 billion in transaction volume last year — and follows Kraken’s recent integrations (structured products, tokenized equity perpetuals) as exchanges expand into full-service investment platforms. Market impact: these products could shift retail flows toward combined crypto‑equity exposure, potentially boosting demand for Bitcoin and Ether while accelerating adoption of tokenized equities outside the U.S.; initial rollout excludes U.S. users.