Retail Traders Get Tokenized US IPO Allocations at Offer Price as Payward Expands xStocks
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…