The parent company of crypto exchange Kraken has expanded its xStocks offering to include over 200 UK and EU equities, bringing total platform assets to more than $1.1 billion.
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The parent company of crypto exchange Kraken has expanded its xStocks offering to include over 200 UK and EU equities, bringing total platform assets to more than $1.1 billion.
The expansion takes xStocks past 1,500 tokenized assets, though the new UK tokens still can't be bought by investors in the UK. The expansion adds more than 200 tokenized UK and EU equities, including all 40 companies in Germany’s DAX index, as xStocks plans further expansion into Hong Kong. Payward says xStocks holds over $1.1 billion.
Each token is backed by a share but gives no ownership of the underlying company.
Decrypt reported the story as "Kraken Parent Payward Brings 200 UK and EU Stocks Onchain as xStocks."
3 sources have covered this story, including Decrypt, Cointelegraph and CoinDesk. The earliest reporting in the cluster landed 24 minutes ago.
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Who carried it, in order
- FirstCoinDeskNov 11, 5:51 AM ET · United StatesCenter
- +39mCointelegraphNov 11, 6:30 AM ET · United StatesCenter
- +1h 55mDecryptNov 11, 7:46 AM ET · United StatesCenter
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[01] VerifiedCore event reported by 3 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.