Fundraising Innovation Fund (New York Stock Exchange: VCX) will tokenize its shares by partnering with Kraken.
VCXx asset will be tokenized by Kraken xStocks platform. xStocks allows you to trade stocks 24/7. There are no transaction fees when purchasing xStocks with USDG or USD on Kraken.
Issued by xStocks Supported Entities (JE) Limited, It is a private limited company in Jersey and provides eligible Kraken customers with Payward Digital Solutions Ltd, a company licensed to conduct digital asset businesses. It is offered through. Bermuda Monetary Authority.
xStocks claims to be the largest provider of tokenized stocks, with total trading volume exceeding $25 billion and over 100,000 unique holders worldwide. This includes more than 100 individual stocks and ETFs.
Ben MillerFundrise CEO said they have long admired Kraken and their approach. “We are breaking down barriers to the best investments.”
VCX began trading on the NYSE last month and has rapidly gained value. The VC fund holds shares of leading private companies such as SpaceX. OpenAI et al.
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