London Stock Exchange | Crypto

The London bourse operator is seeking to offer 24/5 exposure to UK-based tokenized equities, as more TradFi institutions explore tokenized equities offerings. The London Stock Exchange (LSE) and cryptocurrency exchange Kraken are reportedly launching tokenized stock trading on the stock market operator’s new night-time trading venue. The LSE has partnered with Kraken’s parent company, Payward, to launch access to tokenized stocks tracking the value of leading UK equity products starting in 2027, Payward’s chief commercial officer, Mark Greenberg, told the Financial Times according to a Tuesday report. The tokenized stocks will be listed on LSE’s new night-time trading venue, LSE 24, that will offer 24/5 trading, operating from Mondays to Fridays, the company announced on July 21. Read more

The move comes as traditional exchanges face growing competition from crypto markets and tokenized equity platforms that offer around-the-clock trading. The London Stock Exchange is planning to launch a night-time trading venue in the first half of 2027, joining a growing number of global exchanges offering or planning near-24-hour trading. According to a report from the Financial Times, the LSE’s new venue will operate separately from its main market and run from 5:00 pm to 7:50 am London time. It will initially offer access to exchange-traded products such as those tracking the UK or US stock market. Related: Backpack joins race for 24/7 stock markets with tokenized equities Read more

While earning yield on Bitcoin holdings is still a novelty, there are opportunities to do so through centralized lending platforms and Bitcoin-related networks. DeFi Technologies’ subsidiary Valour has introduced a Bitcoin staking exchange-traded product (ETP) on the London Stock Exchange, providing investors with crypto yield opportunities as the UK moves toward easing restrictions on digital assets. According to a Thursday announcement, the Bitcoin staking ETP has a 1.4% annual yield and is backed by Bitcoin (BTC) held in cold storage, with security coming from multiparty computation (MCP) technology. For the moment, the new Bitcoin staking ETP is available to institutions and professional investors. The United Kingdom will allow retail investors to buy crypto exchange-traded notes (ETNs) again on Oct. 8, removing a ban in place since 2021. Read more