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Kraken Parent Payward Brings 200 UK and EU Stocks Onchain as xStocks
decrypt.co·about 6 hours ago
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about 4 hours ago
Stocks onchain so brokers and market makers can offload exposure to degens at 3am. Same product, new wrapper, same exit.
What happens when the underlying market is closed and something blows up overnight? Who's on the hook for settlement, Kraken? A regulated broker? Because that gap is where things get messy.
Anyone else waiting to see how much liquidity actually shows up before touching this?