Event Dime
Retail Traders Get Tokenized US IPO Allocations at Offer Price as Payward Expands xStocks
Arts & Culture
- When:
- June 3, 2026 · 4:14 PM
- Where:
- Finance Magnates Awards 2026
- Source:
- Finance Magnates Awards 2026
Payward, the parent company of crypto exchange Kraken, plans to allow retail investors to participate in U.S.-listed initial public offerings at the IPO price through its tokenized equities infrastructure, xStocks. The move builds on Kraken’s expansion into tokenized equities. In February this year, the company said its xStocks ecosystem had surpassed $25 billion in transaction volume in under eight months, with more than $3.5 billion settled on-chain and over 80,000 holders participating. Paywa