Originally reported by ChainCatcher on November 11, 2026, at 19:43 UTC+8, citing The Block.
Payward, Kraken’s parent company, has added more than 200 tokenized UK and EU stocks through its xStocks framework, bringing its total number of tokenized assets to more than 1,500.
According to the report, each token is backed 1:1 by shares held by a regulated custodian. The tokens can be traded on Kraken and xStocks alliance platforms, with support for the Solana, Ethereum, TON, Ink and X Layer networks.
Payward announced a partnership with the London Stock Exchange in September 2026 to bring the top 100 London-listed stocks to xStocks. The exchange also plans to offer xStocks trading through LSE 24 subject to regulatory approval; the report does not say that approval has been granted.
Payward said xStocks is available in more than 110 markets, but UK investors cannot currently use it. The service is also unavailable in the United States and to US persons.