Kraken Parent Expands Tokenized Stocks to Hong Kong, UK, and South Korea
Payward's xStocks now offers tokenized versions of equities from Hong Kong, the UK, and South Korea, expanding beyond U.S. markets. This move comes as competition heats up to bring global stock markets onchain.
Payward, the parent company of Kraken, has announced the expansion of its xStocks platform to include tokenized equities from Hong Kong, the UK, and South Korea. This move marks a significant step beyond the platform's initial focus on U.S. equities, as it seeks to bring more global stock markets onchain.
The expansion includes tokenized versions of prominent stocks from these regions, allowing investors to trade fractional shares of companies like Tencent, HSBC, and Samsung. This development is part of a broader trend where traditional financial assets are being tokenized, making them more accessible and tradable on blockchain networks.
For everyday investors, this means easier access to international markets without the complexities of traditional brokerage accounts. Tokenized stocks can be traded 24/7, offering greater flexibility and liquidity. Additionally, this expansion could attract more users to the Kraken ecosystem, potentially increasing adoption of crypto and tokenized assets.
As competition in the tokenized assets space intensifies, Payward's move is likely to spur other platforms to follow suit. Investors should watch for further expansions and new features that make global markets more accessible. For those interested in diversifying their portfolios, keeping an eye on xStocks' offerings could be beneficial. Read more → https://www.coindesk.com/business/2026/07/22/kraken-parent-expands-tokenized-stocks-to-hong-kong-uk-and-south-korea-equities