London Stock Exchange Partners With Kraken Owner to Tokenize UK Equities
The London Stock Exchange is collaborating with Payward to launch tokenized versions of major UK-listed equities using the xStocks framework.
The London Stock Exchange has announced a collaboration with Payward, the parent company of Kraken, to bring major UK-listed equities onto public blockchains. The initiative leverages Payward's xStocks tokenized equities infrastructure to represent flagship UK shares onchain.
This partnership represents one of the most prominent traditional stock exchanges embracing decentralized infrastructure for securities trading. Tokenization enables round-the-clock trading, automated settlement, and seamless integration between traditional equity markets and decentralized financial networks.
Bringing top UK stocks onchain signals growing institutional commitment to real-world asset tokenization, potentially attracting fresh capital and liquidity to British capital markets.
Key takeaways
- LSE is working with Kraken owner Payward to tokenize major British equities.
- The initiative utilizes Payward's xStocks onchain securities architecture.
- The project marks significant institutional expansion into real-world asset tokenization.