Kraken adds 10 xStocks as futures and margin collateral with 10% to 30% haircuts

Kraken Pro now lets eligible non-US clients use 10 tokenized equities, ETFs, and gold assets, including SPYx, QQQx, AAPLx, TSLAx, NVDAx, MSTRx, and CRCLx, as collateral for futures and margin. Futures collateral is available outside the US including the EEA, while margin collateral excludes the EEA; broad ETFs get 10% haircuts, most single names and GLDx get 20%, and HOODx, MSTRx, and CRCLx get 30%. It is a capital efficiency upgrade for xStocks holders, with per-asset collateral caps running from $100,000 to $1 million.

TLDR by @Benthic

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