🇪🇺 MORE THAN 200 EUROPEAN STOCKS ARRIVE ON THE BLOCKCHAIN
Look what just happened with European stocks: Payward, Kraken’s parent company, tokenized more than 200 UK and EU stocks on its xStocks platform, including companies like Shell, Siemens, LVMH, and SAP. In other words, those stocks now have a blockchain-based version, backed 1:1 by the real stock held in custody, and they’re traded on Kraken and other platforms in $SOL , Ethereum, and TON.
The curious thing is that UK investors can’t buy them, even though they’re British stocks. With this, xStocks now has more than 1,500 tokenized assets, over $1.1 billion in assets, and 550,000 holders.
To me, this is the traditional stock market gradually moving onto the blockchain, and it’s no longer an experiment: it’s a trend that keeps growing.
Would you buy a tokenized version of Shell or LVMH stock, or do you prefer the traditional stock market?
#Tokenization
Look what just happened with European stocks: Payward, Kraken’s parent company, tokenized more than 200 UK and EU stocks on its xStocks platform, including companies like Shell, Siemens, LVMH, and SAP. In other words, those stocks now have a blockchain-based version, backed 1:1 by the real stock held in custody, and they’re traded on Kraken and other platforms in $SOL , Ethereum, and TON.
The curious thing is that UK investors can’t buy them, even though they’re British stocks. With this, xStocks now has more than 1,500 tokenized assets, over $1.1 billion in assets, and 550,000 holders.
To me, this is the traditional stock market gradually moving onto the blockchain, and it’s no longer an experiment: it’s a trend that keeps growing.
Would you buy a tokenized version of Shell or LVMH stock, or do you prefer the traditional stock market?
#Tokenization
