Kraken's xStocks Brings International Stocks Onchain in Landmark Partnership
Payward, the parent company behind Kraken and developer of the xStocks tokenized equities framework, has partnered with GTN to bring international stocks onchain.
The strategic expansion begins by tokenizing shares listed on the Hong Kong Stock Exchange before extending to equities in the United Kingdom, Europe, and South Korea.
GTN will leverage its global brokerage infrastructure across more than 90 markets to handle trade execution, custody, and ledgering for international equities.
The decision to target Hong Kong equities addresses massive latent demand from global investors seeking round-the-clock access to Asian capital markets.