LSE partners with Kraken parent for tokenized UK stocks

The London Stock Exchange has partnered with Payward to launch access to tokenized stocks tracking leading UK equities from 2027. The LSE and Kraken are reportedly launching tokenized stock trading on the LSE's new night-time venue. The stocks will be listed on LSE 24. The venue will operate from Monday to Friday and offer 24/5 trading. The company announced the venue on July 21. The initiative will support fractional ownership. Nasdaq, CME Group and ICE are also exploring tokenized equity products. Nasdaq agreed to acquire LeveL Markets in August as part of its push into tokenized markets with round-the-clock trading. Nasdaq partnered with Payward and its Backed subsidiary in March to develop an equities transformation gateway. Nasdaq filed its tokenization proposal with US securities regulators in September 2025. ICE invested in crypto exchange OKX to bring NYSE-listed tokenized stocks to the exchange starting in the second quarter of 2026. Deutsche Börse invested $200 million in Payward in April. CME Group announced plans in January to launch futures contracts tied to Cardano, Chainlink and Stellar. CME Group later announced plans to add Avalanche and Sui futures contracts starting May 4, subject to regulatory approval. The value of tokenized stocks increased by 15% in the past 30 days to $2.53 billion, according to RWA.xyz. The number of tokenized equity holders grew by 153% to 2.45 million.