[DigitalToday reporter Chi-gyu Hwang (황치규)] Kraken has begun accepting some tokenised stocks and ETFs as collateral for futures and margin trading. Cointelegraph reported on Friday that eligible users outside the United States can open leveraged positions using those holdings as collateral without selling their assets.

The initial rollout covers 10 tokenised stocks and ETFs. They include Apple, Nvidia, Tesla, Strategy, the SPDR S&P 500 ETF and Invesco QQQ Trust.

Kraken applies collateral haircuts based on each asset's risk. It set a 10 percent haircut for broad-market ETFs and 30 percent for more volatile names such as Strategy and Robinhood.

Collateral limits also vary by asset. Broad-market ETFs are capped at $1 million, while most individual stocks are recognised up to $250,000 in collateral value. Tokenised gold and Circle stock are limited to $100,000. Kraken said it can regularly review and adjust collateral limits and haircuts.

The feature is available only to eligible customers outside the United States. Using tokenised stocks as collateral for futures trading is supported in the European Economic Area, while the margin-collateral function is offered in other eligible jurisdictions outside the European Economic Area.