Rain partners with Kraken to launch tokenized equities

Rain, the GCC's leading licensed crypto platform, is proud to announce the launch of tokenized equities on its platform, in partnership with Kraken. Rain is among the first crypto platforms in Bahrain, and in the broader GCC region, to offer this capability, bringing an entirely new asset class to its customers and marking a meaningful step forward in the convergence of traditional finance and blockchain technology.

Reinforcing its role as a GCC crypto pioneer, Rain has introduced tokenized equities under the Central Bank of Bahrain (CBB) regulatory framework. These assets offer customers 24/7 trading, fractional ownership, near instant settlements, and direct access to global equities, while ensuring transparency and compliance through secure blockchain technology.

What are tokenized equities?

Tokenized equities are digital representations of publicly listed company shares, recorded and managed on a blockchain. Rather than holding shares through a traditional brokerage, you can hold a blockchain-based token that tracks the value of the underlying stock in real time.

Unlike traditional equity trading, which is constrained by exchange hours and settlement delays, tokenized equities are issued and managed on the blockchain infrastructure, which enables more flexible and transparent trading, including the ability to trade when stock markets are closed. Tokenization also enables fractional ownership, allowing customers to gain exposure to high-value equities with smaller amounts of funds.

What Rain is launching

Rain’s customers can now trade tokenized versions of some of the most recognized publicly listed companies from around the globe. The initial lineup includes:

• Space X xStock (SPCXx)

• Tesla xStock (TSLAx)

• Apple xStock (AAPLx)

• NVIDIA xStock (NVDAx)

• Alphabet xStock (GOOGLx)

• Coinbase xStock (COINx)

• Circle xStock (CIRCLEx)

• MicroStrategy xStock (MSTRx)

• S&P 500 xStock (SPYx)

• Nasdaq xStock (QQQx)

It is important to note that these tokenized equities are trade-only on our platform. Customers have ownership of the tokenized share rather than actual underlying equity ownership, which means they do not carry voting rights, dividends, or statutory disclosure claims.

This launch is available to customers of Rain Management W.L.L, the entity operating from Bahrain, and is fully aligned with Rain's licensing and regulatory framework under the Central Bank of Bahrain (CBB).

This milestone reinforces Rain's founding purpose: to build financial infrastructure that is genuinely accessible to traders in the GCC and beyond. We continue to bridge the gap between traditional finance and the digital asset ecosystem. We build our services to last, ensuring that regional traders have the most secure and sophisticated tools available.