Kraken's tokenized stock platform xStocks launches a points program, which may indicate the issuance of ecosystem tokens

According to CoinDesk, Kraken-associated tokenized stock platform xStocks has announced the launch of the xPoints rewards program, aimed at traders, liquidity providers, and DeFi developers.

Users can earn points by trading tokenized U.S. stocks, providing liquidity, or participating in DeFi applications. In the crypto market, points programs are often seen as a precursor to token issuance, but xStocks has not yet officially announced a token plan.