Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks
Published . Updated .
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This report is about Europe.
Directly affected
- No company is named in this report.
Indirectly affected
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).
- ASML ASML Holding N.V-8.9% 11d
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares.
- HSBC HSBC Holdings-5.8% 13d
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares.
- NVS Novartis AG-1.4% 10d
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| VGK | +0.65% | -2.62% | base | -0.77% | after close | after close | after close |
| ASML | -0.77% | -5.53% | base | +2.09% | after close | after close | after close |
| HSBC | -0.56% | -3.15% | base | -0.61% | after close | after close | after close |
| SHEL | +4.68% | +1.86% | base | +0.63% | after close | after close | after close |
| NVS | +1.05% | -0.41% | base | -2.38% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks WSJ
Source: The Wall Street Journal
How far Vanguard Intl Equity Index F (VGK) has moved since 11 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | that day | +2.09% | still updating |
| Asml Holding (ASML) | three days earlier | -5.53% | final price |
| Asml Holding (ASML) | five days earlier | -0.77% | final price |
| Hsbc Holdings (HSBC) | that day | -0.61% | still updating |
| Hsbc Holdings (HSBC) | three days earlier | -3.15% | final price |
| Hsbc Holdings (HSBC) | five days earlier | -0.56% | final price |
| Novartis Ag (NVS) | that day | -2.38% | still updating |
| Novartis Ag (NVS) | three days earlier | -0.41% | final price |
| Novartis Ag (NVS) | five days earlier | +1.05% | final price |
| Shell (SHEL) | that day | +0.63% | still updating |
| Shell (SHEL) | three days earlier | +1.86% | final price |
| Shell (SHEL) | five days earlier | +4.68% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | -0.77% | still updating |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -2.62% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | +0.65% | final price |
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 19 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 76 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies tied to this story
- VGK Vanguard Intl Equity Index F
For “Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
- ASML Asml Holding
Asml Holding (ASML) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks.” Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- HSBC Hsbc Holdings
Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks.” Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- SHEL Shell
In “Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
- NVS Novartis Ag
In “Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
Vanguard Intl Equity Index F (VGK)
“Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks” (11 Nov 2026) reaches Vanguard Intl Equity Index F (VGK) through this story.
The link for Vanguard Intl Equity Index F (VGK) is this: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”)
Also listed, Asml Holding (ASML): ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“european”) reaches its shares
The price range for Vanguard Intl Equity Index F (VGK), and the dates in the story
ASML traded between 1583.71 and 1868.68 across 10 sessions. The latest close on file is 1590.17. HSBC traded between 91.56 and 101.84 across 11 sessions. The latest close on file is 94.32.
How strong the case is around Vanguard Intl Equity Index F (VGK)
40 out of 100Price not final
“Exclusive | Nasdaq-Backed Payward Launches Tokenized Versions of European Stocks” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.