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Wallet brings xStocks to Telegram

Wallet in Telegram is expanding access to global financial markets by introducing xStocks, tokenized equities and ETFs, directly inside Telegram. Through a new Stocks and ETFs section in the custodial Crypto Wallet, users will soon be able to access over 60 tokenized U.S. equities and ETFs, made possible through a partnership with Kraken and Backed.

This launch marks a major step toward making investing more accessible, seamless, and global – all within the Telegram interface millions already use every day.

Invest in U.S. Stocks and ETFs – directly in Telegram

With Stocks and ETFs in Wallet, custodial Crypto Wallet users will be able to access leading U.S. companies and investment products such as Apple (AAPLx), Tesla (TSLAx), and TON Strategy (TONx) through tokenized representations – without the need for a traditional brokerage account.

Tokenized equities in Wallet are designed to remove long-standing barriers to investing by offering:

  • Lower entry costs
  • Trading availability 24/5
  • Near-instant settlement
  • A mobile-first, intuitive experience
    All of this happens seamlessly inside Telegram, combining everyday communication with access to U.S. capital markets.

Turning conversations into investment opportunities

“By bringing tokenized equities into Telegram, we’re shattering the traditional walls of finance and giving millions of people their first real shot at the global financial arena. Now Telegram users can buy tokenized representations of leading U.S. companies right where they chat, pay, and use digital services.
Our mission is simple – make tokenized stocks and ETFs available to 1B Telegram users across every corner of the world, turning everyday conversations into opportunities to participate in global markets.”

  • Andrew Rogozov, Founder and CEO of The Open Platform (TOP) and Wallet in Telegram.

How xStocks work

xStocks are issued by Backed in partnership with Kraken, one of the world’s longest-standing crypto platforms. When a user purchases an xStock:

  • Backed acquires the corresponding real-world asset
  • A matching token is minted on-chain
  • Each xStock remains fully collateralized 1:1

Since their launch, xStocks have generated over $4.5 billion in combined CEX and DEX trading volume and have been integrated across multiple blockchains and applications.

“With xStocks, we’re doing more than tokenizing equities into the blockchain, we’re fundamentally changing the way users interact with capital markets and build wealth,”

  • Adam Levi, Backed’s co-founder.

Built for scale, reach and emerging markets

With more than 150 million Telegram users signed up for Crypto Wallet, Wallet is now one of the largest consumer platforms to integrate tokenized equities – rivaling traditional brokerage platforms while uniquely positioned to serve users in emerging markets and regions historically excluded from traditional investment access.

“Bringing xStocks into Wallet in Telegram is about meeting people where they already are. Hundreds of millions use Telegram every day, and now they can access tokenized equities directly inside one of the most familiar apps in the world.”

  • Arjun Sethi, Kraken co-CEO.

What’s next

Following the rollout for custodial Crypto Wallet users, tokenized equities and ETFs will be brought on-chain and made available in TON Wallet, Wallet in Telegram’s self-custodial solution – further expanding user choice and control.
By embedding tokenized investing directly into Telegram, Wallet continues its mission to make global financial access as simple as sending a message.

Read more: https://cointelegraph.com/news/wallet-telegram-tokenized-stocks-etfs-xstocks-kraken