Payward xStocks Adds 200 UK and European Tokenized Stocks

Payward xStocks has decided to increase its stock portfolio on a global level after Payward, which is the parent company of Kraken, added more than 200 tokenized stocks from the UK and the EU. The new stocks include large corporations such as HSBC, Shell, LVMH, and Airbus. With this change, Payward has increased its portfolio to over 1,500 assets. As per the company’s Wednesday release , the initial cohort will feature some of the most actively traded firms listed on UK and European markets. The tokens will be 1:1 backed by the shares of the corresponding firms held with a custodian. The new assets can be accessed using Kraken and other platforms that take part in xStocks Alliance.

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