TREE NEWS update: Payward, backed by Nasdaq, will launch tokenized versions of more than 200 popular UK and European stocks through its xStocks framework, including Siemens, Shell and LVMH, with 24/7 trading. All constituents of London’s FTSE 100 and Germany’s DAX will be covered, Payward said. Investors can trade the tokenized shares on Kraken and other exchanges starting Wednesday.
Payward’s xStocks to Tokenize 200+ UK, European Stocks
AI take
Tokenizing full FTSE 100 and DAX coverage with 24/7 trading pushes xStocks beyond a niche experiment into something resembling a parallel European equity market, and the Nasdaq backing lends it a credibility that earlier tokenization efforts lacked. The immediate impact lands on European brokers and exchanges whose trading hours and settlement cycles suddenly look like a competitive disadvantage. The open questions are whether 24/7 tokenized trading draws genuine volume outside conventional hours, and how regulators in the UK and EU treat shares that trade while their underlying markets are closed.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
36m ago
China Mobile Sets Longest Single-Wavelength 1.6T Record on G.652.D Fiber
1h ago
Across restores systems after domain hijacked via Namecheap social engineering
2h ago
Judge Denies Novig Injunction, Rules Sports Contracts Not Swaps
3h ago
AQUA AI to launch personal AI agent ecosystem on Nov 11
3h ago
KTX Launches Season 1 Points Program, Opens KOL Certification
3h ago
Fidelity boosts Strive stake by 2.35M shares to $265.3M