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Kraken Opens Jersey Mike's IPO Subscription and Tokenized Stock JMKEx for 110+ Countries

2026-07-28 16:31:22

According to Odaily, Kraken has opened Jersey Mike's IPO subscription for eligible U.S. users and tokenized stock JMKEx for users in 110+ countries and regions. Eligible U.S. users can apply to purchase book-entry shares at the IPO price, while JMKEx is backed 1:1 by underlying shares held with regulated custodians. The sandwich chain, which operates over 3,300 locations, is expected to price between $21 and $25 per share and will trade on the NYSE under ticker JMKE. After IPO completion, JMKEx will trade on Kraken and participating xStocks Alliance platforms 24 hours a day, five days a week, and can be transferred across compatible decentralized finance applications.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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