xStocks, the tokenized equities framework developed by Payward, has deployed its first batch of tokenized equities representing UK and European publicly listed assets, the most significant broadening of the framework beyond tokenized US listings to date. The launch takes xStocks past 1,500 tokenized assets in total, and is powered by an ongoing partnership between Payward Services and GTN, the fintech powering limitless investment.
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The first wave covers 200+ of the most actively traded companies listed in the UK and European Union, with further listings to be tokenized on a rolling basis. Each asset sits on the same open, programmable rails as every other xStock, backed 1:1 by the underlying shares. The new tokens are available to trade across Kraken and through supporting xStocks Alliance platforms from day one, and are embedded in the DeFi ecosystems where xStocks already trade, including Solana, Ethereum, TON, Ink, X Layer and other chains.
That backing also opens a new demand channel for the underlying public listings. Every xStocks token issued is matched by a purchase of the underlying share, held at a regulated custodian for as long as the token trades, so appetite from onchain investors feeds back into the order books of the publicly listed companies themselves. For investors across the 110+ markets where xStocks are available, it is a route to gain exposure into UK and European capital markets that most previously had no practical way to hold.
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