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Kraken's xStocks expands with 200 UK and EU shares as assets pass $1.1 billion

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Payward, the parent company of crypto exchange Kraken, says its xStocks product now holds more than $1.1 billion in assets. The offering has added around 200 shares listed in the UK and EU. Each xStocks token is backed by a corresponding share. However, holders do not gain any ownership rights in the underlying company.

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