Payward, the parent company of Kraken, is moving to widen the reach of xStocks by working with fintech firm GTN. The plan is to take the blockchain-based stock product beyond U.S. listings and connect it to shares tied to major markets including Hong Kong, the U.K., Europe, and South Korea.
The partnership points to a broader push around tokenized equities, where digital assets are designed to track publicly traded stocks. By expanding the geographic scope of xStocks, Payward appears to be aiming at investors who want blockchain-based access to a wider range of international companies rather than a product focused mainly on the American market.
According to the available details, GTN is set to handle key infrastructure behind the offering, including trade execution, custody, and record-related functions. That suggests the collaboration is meant to support both the trading side and the operational framework needed to offer stock-linked digital products across multiple regions.
The move highlights how crypto and fintech companies are continuing to explore ways to blend traditional market exposure with blockchain rails. If rolled out as planned, the expansion would make xStocks a more global product and could increase interest in tokenized versions of shares from some of the world’s largest financial markets.
