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Ondo and Kraken Apply Different EEA Access Rules to Tokenized Stocks

Ondo and Kraken Apply Different EEA Access Rules to Tokenized Stocks

Photo: TokenPost

Tokenized-stock access in the European Economic Area (EEA) varies by platform: Kraken requires users to pass a questionnaire for xStocks, while many Ondo Stocks are available to retail investors. For EEA residents seeking professional-client or qualified-investor status through Ondo, two of three criteria must be met: a financial portfolio of at least €500,000; 10 significant transactions per quarter during the previous four quarters; or one year of financial-sector experience. The portfolio threshold is one part of this status test, not a blanket requirement for every buyer. Many Ondo Stocks are available to retail investors, while some are restricted to professionals.

Source: TokenPost

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