[Kraken Launches Unified Execution Layer Called xChange for xStocks Tokenized Stocks] According to a report by Jinse Finance, Kraken is launching an on-chain trading engine and unified execution layer called xChange for its xStocks tokenized assets, designed to operate 24/5 on Ethereum and Solana. The platform will support direct trading of tokenized versions of over 70 U.S. stocks and ETFs, including popular trading options such as Apple, NVIDIA, Tesla, and the S&P 500 Index. The press release states that the liquidity between the unified protocol and on-chain applications will help provide tighter spreads and better execution compared to what purely DeFi-native liquidity pools can offer alone. Trades will be executed using an all-or-nothing atomic settlement method, eliminating the possibility of partial fills, with prices sourced from real-time public markets.