Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

Corporate Actions with xStocks on Kraken

Last updated: 5 верасня 2025 г.

Kraken offers xStocks, powered by Backed.fi, that are designed to reflect the price and behavior of traditional stocks. These are “rebasing assets,” meaning their balances automatically adjust in response to corporate actions like stock splits or dividends. Here’s what that means for you.

What is a stock split?

A stock split increases the number of shares in circulation but lowers the price per share proportionally. For example, if Apple (AAPL) announces a 4-for-1 stock split, one AAPLx share becomes four, each at one-quarter the original price.

What about reverse splits?

A reverse stock split reduces the number of shares but increases their price. Your total dollar value remains unchanged.

Do I receive dividends from xStocks?

Dividend payouts will be automatically reinvested into more of the same token. Rather than receiving a cash dividend, your xStocks balance will increase to reflect the dividend.

What this means for you:

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You don’t get a cash deposit.
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You do get more exposure to the stock. Your tokenized balance increases to reflect the dividend, just as if you reinvested it automatically.

Corporate Actions with xStocks on Kraken

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