Kraken. INK. And Xstocks If you ask, "Why are you still clinging to a piece of L2?" I have nothing to say. Ho…

Kraken. INK. And Xstocks If you ask, "Why are you still clinging to a piece of L2?" I have nothing to say. However, looking at the big picture regarding the participation of traditional institutions in the crypto market and the vision Kraken is trying to achieve, I can only feel that it would be a great loss to miss out on this. During SpaceX's IPO in June 2026, Binance, Bybit, BitGet, and MEXC all promised to provide users with tokenized shares at the IPO price; however, none of them were allocated to the underwriting syndicate, and ultimately, none of them were able to provide the shares. Only Backpacks, which holds a brokerage license, and OnD and Dinari, which stated from the beginning that pricing would be based on secondary market value, were able to provide the shares. Companies holding traditional financial licenses, such as Backd Finance, OnD Finance, and Dinari, provide the issuance and custody services that serve as the underlying assets. Kraken directly acquired Backd Finance. Xstocks The Kraken exchange is consistently striving to integrate crypto with traditional foundations, rather than simply acting as a trading platform. The current cryptocurrency market is divided into several types of players. Representative players include licensed companies like Coinbase, Kraken, and Ripple, which are strengthening their competitive edge through mergers and acquisitions. Others include top-tier venture capital firms such as a16z and Dragonfly, which focus their investments on proven sectors like stablecoins, RWA tokenization, and AI agents, or traditional financial institutions that directly invest licenses and capital. BlackRock = Issues an Ethereum-based tokenization fund Franklin Templeton = Developing on-chain government bonds Stripe = Provides stablecoin payment services These are the general classifications. This is why we need to pay closer attention to BASE and INK. I believe xStocks could become the ultimate output combining crypto, traditional, and stocks. I hit the 700% xStocks points jackpot today, so I'm just jotting this down because I'm in a good mood. https://defi.xstocks.fi/points?ref=1O7LZSQT