Payward and GTN Global Partner to Expand xStocks Tokenized Equities to Hong Kong, UK, Europe, and South Korea

xStocks AAPLx$326.72-1.0% has operated exclusively on US-listed equities and ETFs since its June 2025 launch. A partnership announced today by Payward, xStocks' parent company, is designed to change that.

Payward and fintech infrastructure provider GTN Global announced on July 22 that they have partnered to expand xStocks tokenized equities to international markets. Hong Kong-listed stocks go first, followed by UK, European, and South Korean listings. The press release also names "other asset classes" beyond equities as a longer-term target through the same infrastructure.

GTN's Infrastructure Spans 90-Plus Markets Through a Single API

GTN is a fintech company that, per Payward's announcement, provides execution and custody infrastructure across 90-plus markets and eight asset classes via a single API connection. The company is regulated in six jurisdictions (FCA, DFSA, MAS, FINRA, FSCA, and SFC) and serves more than 500 institutional clients across 14 countries.

That existing regulatory footprint is the practical foundation for the expansion. Distribution of tokenized assets to GTN's institutional client base will follow once GTN obtains the required licences in each new market, per the press release. Payward describes the partnership as "already live."

Ankit Shah, Global Head of FinTech at GTN, framed the rationale around infrastructure cost:

xStocks Has Processed More Than $37 Billion Across 200,000 Holders

The partnership announcement comes as xStocks reports significant scale for a product that has been live just over a year. According to Payward's press release, the platform has processed more than $37 billion in transaction volume across more than 500 tokenized assets, spanning US equities, ETFs, and IPOs, with nearly 200,000 holders worldwide.

Mark Greenberg, Global Head of Payward Services, described the geographic gap the partnership addresses: "The biggest asset class that hasn't been tokenized yet is the rest of the world, and our partnership with GTN is about changing that. One asset at a time, we're bringing truly global capital markets onchain."

Solana Holds the Dominant Share of Onchain Tokenized Equity Volume

The expansion targets a market Solana already leads. Solana's on-chain equity trading captured 95% of global tokenized stock volume in June 2026, with $10 billion transacted over the month. Outstanding tokenized equity value on Solana hit a $535 million all-time high on July 16. The GTN partnership would add international listings to that base, though the timing of per-market licensing determines when each geography becomes active.

Kraken handles xStocks distribution alongside the xStocks Alliance of third-party exchanges and wallets. xStocks are not available to residents of the United States or to US persons; local restrictions apply in each market.