Kraken Pro has launched margin trading for SPCXx/USD, adding leveraged access to a tokenized equity linked to Space Exploration Technologies Corp. under its xStocks product line. Kraken says SPCXx gives eligible users exposure to SpaceX’s valuation through its platform. The listed pair details show SPCXx/USD with 3x long leverage, a short limit of 7, 40 available collateral currencies and a listed limitSPCX value of 280. Kraken says users must hold at least one collateral currency to trade on margin, and that margin trading carries additional opening, closing and holding fees and remains subject to eligibility limits. The product is not available in the U.S. or to U.S. persons, and broader geographic restrictions apply. Margin on xStocks is offered through Payward Digital Solutions Ltd., which is licensed by the Bermuda Monetary Authority.