Kraken’s $25B Gambit: Crypto’s Hunger for Real-World Assets
Kraken’s xStocks, that grand experiment in financial alchemy, has reached a milestone so striking it would make even Raskolnikov blush. Within eight months, its transaction volume has climbed back above the $25 billion threshold. A feat, they proclaim, of accelerating adoption, of tokenization’s inexorable march into the crypto markets. But what is this adoption, this tokenization, if not the latest opium of the masses, a digital siren song luring us deeper into the labyrinth of our own making?
