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Kraken’s new xStocks vaults allow investors to seek DeFi yield by lending tokenized Nvidia shares and major U.S. stock-market ETFs. Cointelegraph reported the offering, but provided no details on rates or terms.
Bitcoin advanced as calls by AI executives to slow capability gains pressured Nvidia, Intel, AMD and other chip stocks, according to Decrypt. The cryptocurrency moved higher despite the negative reaction in AI-related equities.
Nvidia is reportedly considering up to $10 billion in Anthropic’s potential IPO. The AI company could seek as much as $100 billion, implying a valuation of about $2 trillion, according to Reuters.
Kalshi plans to seek U.S. approval for about 60 perpetual contracts tied to stocks and ETFs, including Tesla and Nvidia. The proposal would bring 24/7 equity-linked trading to the platform amid a Wall Street dispute over regulatory oversight.
