Crypto
London Stock Exchange Taps Kraken for Tokenized UK Stocks
The London Stock Exchange (LSE) has partnered with Payward, Kraken's parent company, to launch tokenized stock trading on its new night-time venue, LSE 24. The initiative will offer 24/5 trading, from Mondays to Fridays.
The tokenized stocks will track the value of leading UK equity products and be listed on LSE 24 starting in 2027. Mark Greenberg, Payward's chief commercial officer, confirmed the partnership with the Financial Times.
This move makes the London bourse one of the latest traditional exchange operators to explore blockchain-based stock offerings that can be traded 24 hours a day with fractional ownership.