xStocks Broadens Suite of Tokenized Assets, Bringing Hundreds of UK and EU-Listed Equities Onchain

ST. HELIER, Jersey, Nov 12 (Bernama) -- 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.

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.