Kraken Parent Payward Partners with LSE to Tokenize 100 UK-Listed Stocks

Payward, the parent company of Kraken, has partnered with the London Stock Exchange (LSE) to tokenize 100 major UK-listed stocks into 1:1 backed xStocks. These assets will be available to investors in over 110 countries via Kraken and other xStocks Alliance platforms, though they are currently unavailable to UK residents. LSE plans to support xStocks trading on its new 'LSE 24' extended trading hours, pending regulatory approval. The initiative also explores native equity token issuance via LSE infrastructure. Payward's tokenization framework has processed