Over 200 UK and European stocks to be tokenized for trading, Payward launches xStocks

Nasdaq-backed Payward will launch tokenized versions of over 200 popular UK and European stocks through its tokenized equity framework xStocks, including shares of companies such as Siemens, Shell, and LVMH, with 24/7 trading support. Payward stated that all stocks in the London FTSE 100 Index and the German DAX Index will be included in the tokenization scope. Starting Wednesday, investors will be able to trade these tokenized stocks on Kraken and other exchanges.