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Kraken's parent company Payward adjusts xStocks governance mechanism, allowing eligible holders to submit proxy voting intentions

Source: www.theblock.co
According to The Block, Payward, the parent company of Kraken, announced a partnership with Broadridge to adjust the governance participation mechanism of its tokenized stock product, xStocks. Previously, xStocks holders did not possess voting rights for the corresponding underlying stocks; following the implementation of the partnership, eligible investors will be able to submit proxy voting preferences to participate in corporate governance.

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