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Kraken Plans to Launch Prediction Markets in 2026, Doubling Down on Tokenized Stock Offerings

2025.12.25 09:19:30

On December 25th, CNBC reported that cryptocurrency exchange Kraken plans to roll out a prediction market business in 2026. In the latest episode of CNBC’s *Crypto World*, Mark Greenberg—Kraken’s Global Head of Consumer Business—outlined the firm’s key focus areas for the coming year. Greenberg also touched on Kraken’s recent move to acquire Backed Finance, which issues xStocks: tokens representing traditional assets like stocks. The acquisition marks a key step for Kraken to expand its footprint in tokenized equities. Beyond M&A activity, Greenberg noted Kraken is gearing up to launch the 2026 prediction market and expressed optimism about tokenized equities’ growth prospects in the coming year.
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