Kraken adds 10 xStocks as futures and margin collateral with 10% to 30% haircuts.
DeFi & Yields ·
Kraken has added ten tokenized stock products as collateral options for futures and margin trading on its platform. The assets carry haircuts ranging from ten to thirty percent, a risk adjustment that reduces their usable value as collateral based on volatility and liquidation risk. This move expands the exchange's offering of tokenized equities beyond spot trading into leveraged and derivatives markets. The specific identities of the ten xStocks and the individual haircut percentages for each asset remain unclear from available information. Whether other exchanges have adopted similar collateral treatments for these assets is not yet known.