On the 1st, Payward, the parent company of cryptocurrency exchange Kraken, announced a partnership with the London Stock Exchange to promote the tokenization of the UK stock market. Within a few weeks, the top 100 companies by market capitalization listed on the exchange will be tradable as tokenized stocks, named 'xStocks'.
xStocks are tokenized products that back listed stocks on a one-to-one basis, developed within the framework created by Payward. These tokens allow for 24-hour trading on the blockchain and can be transferred to self-managed wallets...
