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London Stock Exchange operator plans tokenized UK stocks with Kraken parent

The London Stock Exchange operator is reportedly working with Kraken’s parent on 24/5 exposure to tokenized UK equities, as traditional financial institutions accelerate efforts to develop blockchain-based stock offerings.

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London Stock Exchange operator plans tokenized UK stocks with Kraken parent
The operator of the London Stock Exchange is seeking to provide trading exposure to tokenized UK equities around the clock on weekdays through a partnership with the parent company of crypto exchange Kraken, the Financial Times reported, citing Cointelegraph’s account of the development. The proposed service would offer 24/5 access to digital representations of UK-based stocks, extending availability beyond traditional exchange hours. The initiative comes as financial institutions increasingly examine tokenization and develop offerings linked to equities on blockchain-based infrastructure. The report did not provide further details on the assets involved, the planned launch date, or the structure of the partnership. The move would connect a major traditional-market operator with the expanding digital-asset ecosystem, although the proposal remains focused on access to tokenized UK shares rather than conventional share trading hours.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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