Kraken parent, Payward, has added more than 200 tokenized UK and European equities to its xStocks platform including all 40 companies in Germany’s DAX index.

The expansion takes xStocks to more than 1,500 tokenized assets with

  • assets under management exceeding $1.1 billion,

  • cumulative transaction volume above $45 billion, and

  • more than 550,000 holders,

Payward said.

 

INTRODUCING | The London Stock Exchange Partners with xStocks Parent Company to Bring U.K Stocks On-Chain

 

Each token is backed 1:1 by underlying shares held by a regulated custodian with trading available across Kraken and supported platforms on networks including Solana, Ethereum, and TON.

However, the tokens remain unavailable to investors in the UK and the U.S. Payward also plans to add hundreds of Hong Kong-listed equities in the coming weeks.

The expansion comes as crypto platforms increasingly compete to bring traditional equities onto blockchain networks, extending trading beyond conventional market hours.

 

 

 

FUNDING | Leading Crypto Brokerage Infrastructure Provider Raises Over $100 Million to Expand On-Chain Stocks

 

 

 

 

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