Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
CoinTelegraph·
60-second summary
Kraken is opening the Jersey Mike's IPO to retail investors through tokenized shares and direct allocations. Eligible US users can request IPO allocations, while customers in over 110 countries can access tokenized shares backed 1:1 by the underlying stock. This move allows widespread access to the IPO, potentially increasing investor participation and Jersey Mike's market capitalization.
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the underlying stock.