Stronghold's SHx utility token launched on Kraken exchange, marking its first U.S. listing. The token powers payments, settlements, and governance on Stellar, with new multi-chain capabilities via the SHx Bridge connecting Stellar and Ethereum through Axelar.
Stronghold announced SHx token trading on Kraken, a major U.S. cryptocurrency exchange, expanding access to its native utility token that powers payments, settlements, and community governance within the Stronghold ecosystem. The listing comes as Stronghold scales its enterprise-grade fintech infrastructure, serving over 215,000 community members and thousands of merchants on StrongholdNET. SHx now operates across multiple chains through the SHx Bridge, enabling seamless movement between Stellar and Ethereum networks using Axelar's interoperability protocol while maintaining 1:1 total supply. The Kraken listing follows Stronghold's recognition as a Forbes Fintech 50 company and its ranking on the 2025 Inc. 5000 list, reinforcing the company's focus on compliant, real-world financial applications.