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RWA Crypto

Kraken Parent Payward Adds 200 UK, EU Stocks to xStocks

Payward, the parent company of crypto exchange Kraken, has brought 200 UK and EU stocks onchain through its xStocks product, pushing the tokenized asset lineup past 1,500. The newly added UK tokens cannot yet be purchased by investors based in the UK.

Original source

AI take

The detail that the new UK tokens are unavailable to UK-based investors is the real story here: tokenized-equity distribution is still being shaped by jurisdictional permissions rather than by what the product can technically support. That gap matters for issuers and platforms racing to build global onchain equity rails, since a token that cannot be sold in its home market is only partly a product. Whether xStocks can close such access gaps, and how regulators in the UK and EU treat tokenized single stocks, is the open question to watch.

Generated by AI for reference only.

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