Payward adds more than 200 UK and European stock tokens

The listings include Siemens, Shell, LVMH and SAP. Each token is backed one-to-one by a corresponding share held in custody, with GTN providing execution and custody infrastructure for the underlying securities. Payward said the tokens can trade through supported centralized exchanges and networks including Solana, Ethereum, TON, Ink and X Layer. Trading hours vary by venue: Kraken’s European Economic Area service runs 24 hours a day, five days a week, while some onchain venues support round-the-clock trading.

Payward’s November 11 announcement said the rollout takes xStocks past 1,500 assets. The platform has more than $1.1 billion in assets under management, over $45 billion in cumulative transaction volume and more than 550,000 holders worldwide. The figures cover tokenized stocks, ETFs and IPO-related products.

All 40 DAX constituents are also available through 360X, a digital asset venue backed by Deutsche Börse Group. The platform lists a tokenized version of Xetra-Gold, an exchange-traded commodity linked to gold. Deutsche Börse Group’s head of digital assets and foreign exchange, Carlo Koelzer, said the partnership would support trading across traditional and blockchain-based markets.

The tokens are issued by Jersey-based Backed Assets (JE) Limited as tracker certificates. Holders receive economic exposure to share performance but do not directly own the shares or have voting rights; dividend-related benefits are handled through a token adjustment mechanism. Payward said it plans to add hundreds of Hong Kong-listed companies in the coming weeks. A separate agreement with the London Stock Exchange envisages xStocks trading through its LSE 24 venue in 2027, subject to regulatory approval. Payward chief commercial officer Mark Greenberg said the company intends to expand into more international markets.