Klarna has raised $1.37 billion in its U.S. initial public offering, selling shares at $40 each, surpassing the initial price range. The IPO values the company at $15.11 billion, a significant decrease from its peak valuation of over $45 billion in 2021, reflecting the challenges faced by the fintech sector amid rising interest rates and inflation.

The article discusses the trend of tokenizing stocks within the fintech sector, highlighting its potential to revolutionize asset ownership and trading. It emphasizes the benefits of increased accessibility and liquidity for investors, as well as the implications for traditional stock markets. The piece also touches on the growing interest in blockchain technology as a driving force behind these developments.