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Tokenized stocks don’t always make buyers shareholders, CryptoSlate says

For Kraken’s xStocks, dividends increase buyers’ exposure to share prices rather than being paid out in cash, CryptoSlate reports.

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1 Source, 23d ago, first seen 23d ago

TLDR

CryptoSlate reports that tokenized stocks can track the same companies as ordinary shares while offering different ownership, voting and dividend rights. Kraken’s xStocks, the outlet says, give buyers share-price exposure without voting rights in the underlying company. Dividends increase that exposure instead of being paid out in cash.

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1 Source, first seen 23d ago

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Combined views

1.4K

1 Source, first seen 23d ago

1 likes

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1 Source

@CryptoSlateBuying a tokenized stock doesn’t always make you a shareholder. Kraken’s xStocks give buyers exposure to share prices without voting rights in the underlying company. Dividends increase that exposure instead of being paid out in cash. https://cryptoslate.com/looks-like-a-stock-trades-like-a-stock-but-it-isnt-actually-a-stock/23d
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    1 Source

    @CryptoSlateBuying a tokenized stock doesn’t always make you a shareholder. Kraken’s xStocks give buyers exposure to share prices without voting rights in the underlying company. Dividends increase that exposure instead of being paid out in cash. https://cryptoslate.com/looks-like-a-stock-trades-like-a-stock-but-it-isnt-actually-a-stock/23d
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