On November 11, 2026, Payward introduced over 200 UK and European Union tokenized equities through its proprietary xStocks framework. The parent company of Kraken executed this rollout in collaboration with brokerage infrastructure firm GTN.
Following the integration, xStocks UK and EU equities confirmed that its catalog surpassed 1,500 tokenized assets. Each token represents a 1:1 backing in underlying equities deposited with a regulated custodian.
The rollout includes all 40 constituents of Germany’s benchmark index. In a simultaneous disclosure, Deutsche Börse Group confirmed that affiliated venue 360X will provide 24/7 global secondary trading for tokenized DAX 40 equities alongside Xetra-Gold.
The framework functions across multiple blockchain networks, including Solana, Ethereum, TON, Ink, and X Layer. All certificates are issued by Backed Assets (JE) Limited, an entity incorporated in Jersey.
This move follows operational steps taken after Kraken restricts accounts to protect users amid suspected cross-platform security compromises across third-party European venues.
Contractual disclosures impose clear limitations on token performance. As outlined in Kraken legal xStocks, investors obtain economic price exposure without direct legal ownership, voting privileges, or residual claims on underlying corporate assets.
Geographic restrictions remain strictly enforced across major markets. Despite the inclusion of London-listed constituents, UK and United States investors are barred from transacting in xStocks tokens.
Cumulative volume across the platform currently stands above $45 billion in transactions across 550,000 unique token holders. Reported assets under management have surpassed $1.1 billion.
The platform previously broadened its footprint when Kraken Financial obtains access to settlement infrastructure within regulated state banking channels.
Payward stated that its pipeline includes hundreds of Hong Kong-listed equities in upcoming weeks. Trading on the London Stock Exchange’s LSE 24 system is scheduled to commence in 2027, subject to regulatory clearance.
This article is for informational purposes only and does not constitute financial advice.
