Tokenised DAX 40 now available on 360x
11 November 2026 Germany
Image: JOJO.FN&CO.COM/stock.adobe.com
Tokenised DAX 40 equities are now available on 360X, an affiliated company of Deutsche Börse Group, alongside Xetra-Gold as an xStock.
This opens up onchain distribution for Europe's largest gold security with physical backing, says the firm.
In addition to the recently announced 24/7 trading of DAX 40 equities, it extends distribution to digital native investors.
xStocks, the tokenised equities framework developed by Payward, has deployed tokenised equities representing every constituent of the DAX 40, Germany’s benchmark stock index.
The launch brings onchain the 40 largest blue-chip companies listed on the Frankfurt Stock Exchange and puts them within reach of investors in more than 110 markets.
The exchange is operated under Deutsche Börse Group, Payward’s strategic partner.
Each xStock is backed 1:1 by the underlying share, held by a regulated custodian, and tradable 24/7 across select venues.
Mark Greenberg, chief commercial officer at Payward, says: “German companies have a track record of building innovative products which the whole world relies on, yet there are investors on every continent who have been restricted from investing in these companies.
“Bringing the DAX 40 fully onchain through our work with Deutsche Börse Group breaks that barriers, allowing someone in Southeast Asia or Latin America to finally hold tokenised Siemens or Allianz from the same wallet they already use, and trade whenever they like, including the hours when Frankfurt is asleep.”
Carlo Kölzer, head of FX and Digital Asset at Deutsche Börse Group and co-CEO of 360X, adds: “Our partnership with Payward is exactly the kind of collaboration that accelerates the transformation of capital markets.
“Our vision is to provide a unified hybrid exchange ecosystem – delivering seamless trading on and offchain across traditional and tokenised assets, bridging deep centralised liquidity with interoperable settlement.”
This opens up onchain distribution for Europe's largest gold security with physical backing, says the firm.
In addition to the recently announced 24/7 trading of DAX 40 equities, it extends distribution to digital native investors.
xStocks, the tokenised equities framework developed by Payward, has deployed tokenised equities representing every constituent of the DAX 40, Germany’s benchmark stock index.
The launch brings onchain the 40 largest blue-chip companies listed on the Frankfurt Stock Exchange and puts them within reach of investors in more than 110 markets.
The exchange is operated under Deutsche Börse Group, Payward’s strategic partner.
Each xStock is backed 1:1 by the underlying share, held by a regulated custodian, and tradable 24/7 across select venues.
Mark Greenberg, chief commercial officer at Payward, says: “German companies have a track record of building innovative products which the whole world relies on, yet there are investors on every continent who have been restricted from investing in these companies.
“Bringing the DAX 40 fully onchain through our work with Deutsche Börse Group breaks that barriers, allowing someone in Southeast Asia or Latin America to finally hold tokenised Siemens or Allianz from the same wallet they already use, and trade whenever they like, including the hours when Frankfurt is asleep.”
Carlo Kölzer, head of FX and Digital Asset at Deutsche Börse Group and co-CEO of 360X, adds: “Our partnership with Payward is exactly the kind of collaboration that accelerates the transformation of capital markets.
“Our vision is to provide a unified hybrid exchange ecosystem – delivering seamless trading on and offchain across traditional and tokenised assets, bridging deep centralised liquidity with interoperable settlement.”
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