LSE Partners with Payward to Bring UK Stocks On-Chain
The London Stock Exchange (LSE) is partnering with Payward, the parent company of Kraken, to integrate UK stocks onto its xStocks platform. This move aims to bring traditional equities on-chain and allow for round-the-clock trading while maintaining market safeguards and governance standards.
xStocks plans to list tokens representing UK-listed shares on its 24-hour venue, LSE 24, in 2027 subject to regulatory approval. Payward's Co-CEO Arjun Sethi said that the integration of traditional finance and crypto 'was never the real story.'
The partnership extends xStocks' push beyond US equities and into global markets, with over $40 billion in cumulative transaction volume and nearly 200,000 holders. The platform has expanded to more than 100 partners and seven blockchain ecosystems, with over 500 tokenized equities in its pipeline.