Tokenization is moving beyond crypto as financial institutions, exchanges and fintech companies look to modernize the infrastructure behind equities and other asset classes. Kraken’s parent company is expanding its B2B infrastructure business, with partnerships involving Nasdaq, London Stock Exchange Group and Franklin Templeton.
In this interview, Mark Greenberg, Chief Commercial Officer at Payward, explains the company’s vision for tokenized equities and 24/7 global trading. He discusses how blockchain infrastructure can enable instant settlement, broader access and new distribution models for public markets, while also supporting banks, brokers and fintech platforms.
Greenberg also breaks down the growth of Xstocks and the potential to bring tokenization to a much wider range of assets. From IPOs and private credit to venture capital and reinsurance, he explains why permissionless, global access could reshape how investors interact with traditionally less accessible markets.