LSE partners with Kraken parent for tokenized UK stocks

This partnership signals that tokenization is moving from experimentation to core exchange infrastructure, with a major traditional venue adopting crypto-native trading rails. The 24/5 model challenges the conventional settlement cycle, potentially reshaping how UK equities are accessed and traded globally. The key question is whether this pilot will expand beyond UK stocks and whether regulatory frameworks will keep pace, as other exchanges watch how liquidity and market integrity hold up in a tokenized environment.