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Kraken co-CEO: Tokenized stocks will far exceed stablecoins "

According to online reports, Kraken co-CEO Arjun Sethi said that while stablecoins have clearly found one of the strongest product-market fits in the cryptocurrency space, the size of tokenized stocks will become even bigger. Sethi said in an interview: "How can we start thinking about new structured products that leverage the encrypted liquidity track? Stablecoins are one of them, but imagine what stablecoins have achieved so far. We have thousands of new products that will be equivalent to or greater than stablecoins. One tokenized stock will be worth equal to or greater than Tether, and now you can have 50, 500, 1000 tokenized stocks-and then you trade futures and options on that basis... the market will be bigger and faster than we are used to." Sethi said he is positive about tokenized stocks not only because of their high transparency, speed, and round-the-clock trading capabilities, but also because they are easier to obtain globally.

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