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Alpha Ladder launches xStocks tokenized equities in Asia
Alpha Ladder Finance has launched xStocks tokenized equity products through its Alpha Ladder WealthX platform, targeting institutional and accredited investors in selected Asian markets. This move establishes Alpha Ladder as one of the first licensed wealth management firms in the region to offer tokenized global equities.
The initiative is the result of a strategic collaboration between Alpha Ladder, MetaComp, and Payward (the parent company of Kraken) aimed at advancing tokenized capital markets across the Asia-Pacific region. Under this partnership, Alpha Ladder serves as a distribution partner for xStocks.
Developed by Payward, xStocks maps publicly listed equities to blockchain infrastructure using 1:1-backed, fully collateralized tokens. This allows investors to gain exposure to global equities with the benefits of 24/7 trading and digital-native settlement. Data indicates that xStocks currently covers over 700 assets and has processed more than $40 billion in transaction volume.