Payward has expanded xStocks with more than 200 tokenized equities tied to UK- and EU-listed companies, broadening the market for the product while leaving UK investors ineligible.
Kraken’s parent says the initial selection focuses on heavily traded shares listed in the UK and EU, with more to be added over time. Customers can access the tokens through Kraken and participating xStocks Alliance platforms. The tokens are available on networks including Solana, Ethereum, TON, Ink and X Layer. Payward says xStocks is available in more than 110 markets, though UK investors are excluded and its terms bar U.S. persons.
Payward says each issued token corresponds to a share bought and held by a regulated custodian while the token remains in circulation. This gives holders exposure to the share’s performance without making them owners. Kraken’s risk disclosure says token holders have no voting rights, distribution entitlements or legal claims to the shares. It also says fees apply and investors can lose their full investment.
Trading hours differ by venue. Payward says select venues support 24/7 trading, while Kraken’s disclosure lists 24/5 trading on its service in the European Economic Area. The company presents purchases of the shares backing issued tokens as an additional source of demand for listed companies.
xStocks began in June 2025 with tokenized U.S. stocks and exchange-traded funds. Payward says it plans to add hundreds of Hong Kong-listed equities in the coming weeks. Separately, Payward announced tokens for all 40 companies in Germany’s DAX 40, and Deutsche Börse Group announced their availability on its 360X platform.
The London Stock Exchange intends to list xStocks on LSE 24 in 2027, subject to regulatory approval.
