Jersey Mike's Becomes Third xStocks IPO Target for Kraken Users

Kraken lists Jersey Mike's as the third xStocks IPO candidate, allowing users to subscribe to the $4.3B revenue sandwich chain's upcoming public offering.

Woofun AI reports that xStocks, the tokenized equity platform operated by Kraken’s parent company Payward, has designated Jersey Mike’s as its third initial public offering target. Following listings for SpaceX and Bending Spoons, the U.S. sandwich franchise with over 3,300 locations and $4.3 billion in annual revenue will now allow users to submit subscription intentions via the Kraken interface.