WuBlockchain
Kraken parent Payward has added more than 200 tokenized shares of UK- and EU-listed companies through xStocks, expanding its onchain equity offering beyond US listings. Hundreds of Hong Kong stocks are expected to follow in the coming weeks.
Why it matters
Each token is backed 1:1 by underlying shares held at a regulated custodian. The products can be traded on Kraken and supporting xStocks Alliance platforms, giving eligible users another route to exposure to listed equities.
Market impact
The additions bring the xStocks range above 1,500 products. Existing eligibility restrictions remain unchanged: the service is unavailable to UK investors, users located in the United States and US persons.
Source: [xStocks Broadens Suite of Tokenized Assets, Bringing Hundreds of UK and EU-Listed Equities Onchain](https://www.payward.com/press-release/xstocks-uk-eu-equities)
Frequently asked questions
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How are the new xStocks tokens backed?
Each token is backed 1:1 by underlying shares held at a regulated custodian.
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Where can eligible users trade the tokenized stocks?
They can trade them on Kraken and supporting xStocks Alliance platforms.
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How many products are in the xStocks range after the expansion?
The additions bring the xStocks range above 1,500 products.
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Can UK investors or US users access the service?
No. The service remains unavailable to UK investors, users located in the United States and US persons.
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Which stock market does Payward expect to add next?
Payward expects to launch hundreds of tokenized Hong Kong stocks in the coming weeks.
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