The move by Payward aims to broaden access to global stock markets through tokenized assets.
Jay Ngai
Payward, the parent company of cryptocurrency exchange Kraken, has expanded its tokenized stocks product xStocks beyond US equities to include stocks from Hong Kong, the United Kingdom, and South Korea, according to a company announcement.
The expansion is part of accelerating competition to bring global stock markets onchain, the company said.
Payward has officially partnered with GTN to scale its xStocks platform internationally. This expansion is set to begin with the tokenization of Hong Kong equities, subsequently broadening to include European, UK, and South Korean markets.
