Kraken Parent Payward Partners With GTN to Expand xStocks Tokenized Stocks Globally

Kraken parent Payward partnered with fintech firm GTN to expand its xStocks tokenized equity platform globally. The expansion starts with Hong Kong-listed stocks before moving to the UK, Europe, and South Korea. GTN will provide execution, custody, and record-keeping infrastructure across over 90 markets. xStocks currently holds over 500 tokenized assets and $37 million in value.