On November 11, 2026, Foresight News reported that xStocks, the tokenized-stock framework of Payward, parent company of Kraken, had announced its first tokens for UK- and EU-listed stocks.
The initial batch covers more than 200 actively traded listed companies in the United Kingdom and the European Union. Further stocks are to be added on a rolling basis. xStocks said hundreds of Hong Kong-listed stock tokens would launch in the coming weeks, followed by expansion into additional international markets.
Payward Services and the financial-technology firm GTN are driving the expansion. GTN is responsible for global execution and custody of the underlying traditional assets. The new tokens are backed 1:1 by those stocks. After launch they can be traded on Kraken and on xStocks Alliance partner platforms, and they have been connected to DeFi on Solana, Ethereum, TON, Ink, X Layer and other chains.
Earlier, Payward reached a tokenization cooperation with the London Stock Exchange. Subject to regulatory approval, the exchange plans to launch xStocks in 2027 for trading on LSE 24. At the time of the report, xStocks was still not open to UK investors.
The stated route runs from shares held in GTN custody to 1:1 tokens that can then be traded on Kraken and alliance venues and used in the named chains’ DeFi environments. The report does not describe an independent check of the custodian’s holdings, so the backing depends on Payward Services, GTN and the issuance arrangement rather than on a trust-minimized bridge. Availability on several chains is an integration of those represented tokens, not shared security across the chains.
Original report: Foresight News
