London Stock Exchange Teams With Kraken Parent for Tokenized Equities
The London Stock Exchange has partnered with Payward to provide around-the-clock trading for tokenized UK equities.
The London Stock Exchange Group has formed a strategic partnership with Payward, the parent company of Kraken, to launch tokenized UK stocks. The initiative aims to offer 24-hour trading access five days a week for equity products.
This collaboration reflects the continuous migration of traditional market infrastructure toward blockchain rails. By utilizing tokenization, the venture seeks to reduce settlement friction, expand international accessibility, and improve liquidity for UK-listed shares.
The move marks a significant milestone in institutional adoption, positioning major stock exchanges alongside established digital asset platforms to build next-generation financial market solutions.
Key takeaways
- LSEG partners with Kraken parent to tokenize UK equities
- Service to offer 24/5 market access for investors
- Highlights accelerating TradFi adoption of blockchain rails