PANews reported on June 24 that according to Cointelegraph, the U.S. listed company DeFi Development Corp. (formerly Janover), a financial management company in the Solana ecosystem, announced that it will tokenize its shares through cooperation with the cryptocurrency exchange Kraken.

According to the announcement, the company will use xStocks, a tokenization platform created by Backed, to put its stocks on the blockchain. Kraken announced its partnership with xStocks in May this year, promising to provide tokenized stocks of U.S.-listed companies such as Apple, Tesla and Nvidia to users in other regions. The platform is built on the Solana blockchain.