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first_img The London Stock Exchange collaborates with Kraken's parent company Payward to tokenize UK large-cap stocks on the blockchain

The London Stock Exchange (LSEG) and Payward, the parent company of the cryptocurrency exchange Kraken, announced a partnership to bring stocks of the largest listed companies in the UK onto the blockchain. In the coming weeks, the stocks of the top 100 companies listed on the LSE will be available on Payward's xStocks tokenized stock framework. These xStocks are tokens that correspond one-to-one with the underlying stocks, allowing for 24/7 trading on centralized exchanges, self-custody wallets, and on-chain applications.This initiative continues the rapidly expanding framework of Payward. Over the past year, the cumulative trading volume of xStocks has exceeded $40 billion, with nearly $20 billion settled on-chain, and more than 200,000 product holders. Through the blockchain channel, UK-listed stocks will be able to reach investor groups in over 110 countries, although xStocks are currently not available to domestic UK investors.Subject to regulatory approval, the LSE plans to list and support xStocks trading on its newly launched 24-hour trading platform, LSE 24, and will gradually cover tokenized stocks and more asset classes in the US, EU, UK, and Hong Kong. Both parties also stated that they will explore stock tokens issued natively by the LSE, allowing LSE members to issue and service stocks directly on-chain, with the same full interchangeability and rights as traditional stocks. Payward Co-CEO Arjun Sethi stated that for years, people have assumed that crypto and traditional finance must collide and one side would lose, but that has never been the real story;

X-Agent AI MCP Hackathon starts on September 2nd

X-Agent announced that the X-Agent AI MCP Hackathon 2026 will officially launch on September 2, calling for global developers and teams to submit practical, verifiable Agent and MCP applications. This event is an online global competition supported by OlaXBT.The hackathon features two tracks: the Open Innovation Track encourages participants to develop any practical API-driven Agent or MCP capabilities around AI, crypto assets, data, automation, and Agent infrastructure; the OlaXBT × X-Agent Trading Challenge allows participating teams to access the OlaXBT Nexus MCP, supporting their use of strategy development, backtesting, performance analysis, and market data capabilities to validate trading strategies and build related Agent or MCP applications.The total rewards for this event include USDT and X-Points. The first-place team in each track will receive a reward of 500 USDT; the top five teams in each track will collectively earn X-Points. X-Points can be used to participate in the X-Agent airdrop token $XAGT exchange. Award-winning and selected projects will also have the opportunity to receive support for MCP standardization, ecological exposure, market integration, and paid call commercialization. The registration and development period for the event is from September 2 to September 19, with technical reviews and evaluations taking place from September 20 to October 1, and the winners' list is expected to be announced between October 2 and 4. Participating projects must be submitted through the official GitHub repository.
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