Investing.com -- Cryptocurrency exchange, Kraken, has announced plans to enable non-US customers to trade popular stocks such as Apple (NASDAQ: AAPL ), Tesla (NASDAQ: TSLA ), and Nvidia (NASDAQ: NVDA ) as tokens on a digital ledger, according to a report from the Wall Street Journal. This new offering, referred to as "tokenized equities", is aimed at simplifying the process for non-Americans to invest in US stocks.

These tokenized equities will operate like bitcoin, available for trading 24 hours a day, seven days a week, even when the US stock market is closed. This feature provides a significant advantage for international investors who wish to engage in the US stock market outside of its traditional operating hours.

Kraken has indicated that the rollout of these tokenized stocks will commence in the coming weeks. The initial launch will target customers in Europe, Latin America, Africa, and Asia. However, Kraken’s US customers will not have access to trade these tokenized equities.

In essence, Kraken is launching a service that will digitize the stocks of popular companies, allowing them to be traded as tokens on their cryptocurrency exchange. This initiative represents a significant step towards integrating traditional financial markets with digital currencies, providing a new platform for international investors to access US stocks.

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