First batch of UK and EU-listed stock tokens goes live, xStocks covers over 200 companies

xStocks has launched its first batch of tokenized UK and EU-listed stocks, covering more than 200 actively traded public companies, with more stocks to be rolled out on an ongoing basis. Over the coming weeks, xStocks will also list hundreds of tokenized Hong Kong stocks, followed by expansion into more international markets. This expansion is driven by a partnership between Payward Services and fintech company GTN, with GTN responsible for global execution and custody of the underlying traditional assets. The new tokens are backed 1:1 by the underlying stocks, tradable on Kraken and platforms within the xStocks Alliance, and have been integrated into the DeFi ecosystems of Solana, Ethereum, TON, Ink, X Layer, and other chains. Currently, xStocks remains unavailable to UK investors.