The London Stock Exchange Group (LSEG) plans to launch a UK-based platform for tokenized equity structures. This initiative represents publicly traded shares as blockchain-based tokens while preserving existing shareholder rights.
LSEG partnered with Payward, the parent company of crypto exchange Kraken, to integrate digital-native infrastructure into its regulated ecosystem. The collaboration connects crypto wallets with traditional financial systems to create a seamless link between markets.
Subject to regulatory approval, the exchange will list tokenized shares called xStocks on its LSE 24 venue in 2027. This platform will support 24-hour trading and instant settlement to increase market liquidity.