Buying Stocks with crypto is here!

[Bruce flea]

SOL will be used for Gas , It also allows foreigners to invest in the US stock market without the complicated set ups.
24/7 Stocks markets going to be a game changer!

https://www.cryptotimes.io/2025/05/22/sol-price-eyes-200-as-kraken-tokenizes-us-stocks-on-solana/

 

[TheCryptoAnt]

'For now, stock trading is available to US residents in eligible states.'

Cool I guess but still meh

 

[padres123]

Nothing new . This has been around for a long time across multiple chains like Gno, Base, etc.
Check https://backed.fi/

For example, you can buy TSLA on Uniswap

 

[Martin Everson]

SOL will be used for Gas , It also allows foreigners to invest in the US stock market without the complicated set ups.
24/7 Stocks markets going to be a game changer!

https://www.cryptotimes.io/2025/05/22/sol-price-eyes-200-as-kraken-tokenizes-us-stocks-on-solana/

Yeah I think this is direction market is going in. Even the big institutional investment players have started tokenizing bonds and funds on i.e Securitize's platform. Self custody and round the clock trading in a kyc verified (participants) closed network is way things are going in financial markets.

https://securitize.io/invest

P.S A lot of securities brokers are really gonna have to think about their business models going forward.

 

[ImKing]

So does that mean you're investing in SOL, which then invests in those 50 stocks? You can’t choose which specific stocks to invest in or how much to allocate to each one?

 

[manukahoney]

The whole beauty of stocks (except speculation and wealth growth) is that in (un)likely case of your broker collapse your assets will still belong to you and the recovery process is usually quite fast - your new broker will be able to assign you your holdings from the depositary. So unless you are "trading" on some "kitchen" - you don't need to worry about the broker/bank insolvency.

Self-custody sounds good on paper but I don't quite understand what happens if you lose access to your wallet. Please, don't compare that to the whole "not your keys not your money" storing of crypto - they are two very different animals, stocks literally give you an partial ownership of a corporation, not some magic coins.

 

[happyjohn]

I have to admit, I’m also having a hard time fully understanding the product, so I’ll try to see how it works on Kraken over the coming week. It sounds new and exciting, but it might not be that smart in the end, still, I appreciate the tip shared in this thread.

 

[Martin Everson]

Self-custody sounds good on paper but I don't quite understand what happens if you lose access to your wallet. Please, don't compare that to the whole "not your keys not your money" storing of crypto - they are two very different animals, stocks literally give you an partial ownership of a corporation, not some magic coins.

I don't think you understood the implementation some providers have used such as securitize. They use a closed token network where all participants (addresses) are KYC'd. In order to send/receive it will only work with white listed addresses (KYC'd ones). They maintain internal register at all times of who owns what and what went to where. For example your tokens cannot be stolen and transferred away as the tokens stay within the network and every participant is known so who took your coins is obvious...lol and you cannot take it out of eco system....lol. Not sure how you can totally lose access when they know what tokens you have and if they still remain on your address and you lost key then recovery is not difficult by help of contract owner.

P.S I'm not sure how OP's mentioned SOL implementation wokrs it may be more risky and not a closed network.

 

[Matade]

SOL will be used for Gas , It also allows foreigners to invest in the US stock market without the complicated set ups.
24/7 Stocks markets going to be a game changer!

https://www.cryptotimes.io/2025/05/22/sol-price-eyes-200-as-kraken-tokenizes-us-stocks-on-solana/

And you will actually own the actual stock certificate like you would on Charles Schwab or InteractiveBrokers or it will be a synthetic "token", fake representation of real stock (mirror image) that is backed by nothing and if exchange goes broke, you can't transfer it via ACAT to other exchanges and it will be like FTX fiasco all over again?

This is a very important moment

 

[happyjohn]

you can't transfer it via ACAT to other exchanges and it will be like FTX fiasco all over again?

That's bad, question is if kraken ever will go broke or if they are here to stay for ever.

I’ll admit, I hadn’t even considered the situation you’re describing, you never really know. We’ve seen even the biggest companies suddenly go belly up.

 

[Nicholas Van Orton]

One quick question that comes to mind after reading this:

"As for these Tokenized assets, unlike traditional stock markets that close after regular hours, these tokenized stocks will be available for trading 24 hours a day, seven days a week. Kraken will use the Solana blockchain to make this happen so investors can buy and sell whenever they want."

and this:

"Kraken’s partner, Backed Finance, will hold the actual shares of the stocks backing the tokens. This means that for every token traded, there is a real stock behind it. The tokens can be exchanged for the cash value of these stocks at any time. This will keep the token prices closely matching the real stock prices."

How is it possible to actually piece the 2 sentences together? If I trade outside regular hours I will open a "tokenized" position, but I WILL NOT hold the stock, I won't have any real ownership as I will not get the transaction done in the actual market. What happens then if there is a gap up in price at the real market open the next day? Will the broker honor the claim and take the X% gap loss to fulfil its duty and allocate me the real shares? I understand they can/will run a book and that this can either go against as well as for them so they end up in a net zero operation, but it's definitely way too risky for now and I don't see the real use for it. Not until (maybe) the stock market trades round-the-clock, in which case they will be in a pole position to attract clients.

NVO

 

[Martin Everson]

My old trust I had the portfolio manager was trading stocks outside of trading hours for decades using dark pools at the private bank it was houses at.

One quick question that comes to mind after reading this:

"As for these Tokenized assets, unlike traditional stock markets that close after regular hours, these tokenized stocks will be available for trading 24 hours a day, seven days a week. Kraken will use the Solana blockchain to make this happen so investors can buy and sell whenever they want."

and this:

"Kraken’s partner, Backed Finance, will hold the actual shares of the stocks backing the tokens. This means that for every token traded, there is a real stock behind it. The tokens can be exchanged for the cash value of these stocks at any time. This will keep the token prices closely matching the real stock prices."

How is it possible to actually piece the 2 sentences together? If I trade outside regular hours I will open a "tokenized" position, but I WILL NOT hold the stock, I won't have any real ownership as I will not get the transaction done in the actual market. What happens then if there is a gap up in price at the real market open the next day? Will the broker honor the claim and take the X% gap loss to fulfil its duty and allocate me the real shares? I understand they can/will run a book and that this can either go against as well as for them so they end up in a net zero operation, but it's definitely way too risky for now and I don't see the real use for it. Not until (maybe) the stock market trades round-the-clock, in which case they will be in a pole position to attract clients.

NVO

Ok what they are describing sounds like the concept of dark pools and them tokenizing the stocks in those dark pools. Bottom line is you don't need a listed exchange to buy and sell stocks if there is liquidity in the dark pool i.e a willing off exchange private buyer and seller. The buyer/seller accepts the Mark to Market price risk which can go for or against them. For example if I had Apple stock I can sell them to you in the form of Delivery Versus Payment (DVP) where my custodian receives the cash and you receive the stock I sold you and all done without a public stock exchange being used.

P.S This sort of tokenzied dark pool trading can be done 24/7 in theory but I need to see details of how they are actually handling it all in reality.

 

[manukahoney]

I don't think you understood the implementation some providers have used such as securitize. They use a closed token network where all participants (addresses) are KYC'd. In order to send/receive it will only work with white listed addresses (KYC'd ones). They maintain internal register at all times of who owns what and what went to where. For example your tokens cannot be stolen and transferred away as the tokens stay within the network and every participant is known so who took your coins is obvious...lol and you cannot take it out of eco system....lol. Not sure how you can totally lose access when they know what tokens you have and if they still remain on your address and you lost key then recovery is not difficult by help of contract owner.

So it's basically a "kitchen" then? You can't sell "shares" to anyone outside the pool, you are not the shareholder in the depositary, you just some number in the kitchen database. And all that for a chance to trade 24/7 365? Jees, the world is going crazy.