Kraken expands tokenized stocks to Hong Kong, UK and South Korean equities

Payward, the parent company of crypto exchange Kraken, is expanding its xStocks tokenized equities platform beyond U.S. markets to include stocks from Hong Kong, the UK and South Korea. The move comes as competition to bring global stock markets on-chain intensifies across the crypto industry. xStocks allows users to trade tokenized versions of real-world equities on the blockchain.