The London Stock Exchange and Payward, parent company of crypto platform Kraken, announced a partnership to create tokenized versions of the 100 largest London-listed stocks, called xStocks. These tokens will be accessible to investors in over 110 countries on Kraken and other xStocks Alliance platforms, pending regulatory approval. Since their launch over a year ago, xStocks have accumulated over $40 billion in total volume, including over $20 billion in onchain settlement volume, with more than 200,000 holders. The LSE also plans to support their trading on LSE 24, its planned 24-hour trading venue, as well as integrate agentic AI capabilities into the platform.
Source: Read the original article
