Payward and Ledger partner on self-custody, trading and tokenized equities

  • Payward and Ledger partnered to integrate trading, payments, self-custody and xStocks services.
  • Payward said xStocks have surpassed $42 billion in total transaction volume.
  • xStocks remain unavailable in the United States and to U.S. persons.

Payward and hardware-wallet maker Ledger have partnered to connect Ledger's self-custody tools with Payward's trading, payments and tokenized-equity services. Kraken customers will be able to use Ledger devices to fund accounts, withdraw assets and approve supported transactions within the Kraken experience, while Ledger Wallet is set to add Payward Services for cryptocurrency purchases, sales and swaps. Initial payment options will include debit cards and bank transfers in Europe and the UK. The companies are also developing a deeper xStocks integration that would let eligible Ledger Wallet users buy, sell and transfer hundreds of tokenized U.S. and international shares while retaining control of their keys. Payward said xStocks have recorded more than $42 billion in cumulative transaction volume, but the products remain unavailable to U.S. persons. The partnership also covers Ledger Enterprise customers, including banks and fintech firms, through Payward's trading, custody, payment and funding infrastructure.

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