Back
Telegram Wallet to Launch Tokenized U.S. Stocks via xStocks Partnership

Telegram Wallet to Launch Tokenized U.S. Stocks via xStocks Partnership

xStocks' integration with Telegram’s WalletinTelegram offers new opportunities for tokenized stock trading, collateralized assets, and global DeFi participation through the TON blockchain.

SOL
TON

Fact Check
The statement is directly confirmed by multiple credible and corroborating sources, including official announcements from Kraken (the provider of xStocks), The Open Platform (associated with Telegram), and financial news outlet Yahoo Finance. All sources explicitly state that 'Wallet in Telegram' is partnering with xStocks to offer tokenized U.S. equities and ETFs.
    Reference: 123
Summary

On October 2, xStocks expanded its platform to support Telegram’s WalletinTelegram, enabling users to trade tokenized U.S. stocks and ETFs. The partnership aims to open opportunities for TON blockchain developers and users, facilitating DeFi collateralization and mini app integrations. Initially launched on Solana, this integration is expected to expand access for global users, with further TON blockchain developments anticipated in Q4.

Terms & Concepts
  • Tokenized Stocks: Digital representations of real-world company shares using blockchain technology, enabling fractional ownership and on-chain trading.
  • TON: The Open Network, a blockchain originally developed by Telegram, supporting decentralized applications, wallets, and DeFi protocols.
  • Collateralization: A financial mechanism where assets are backed 1:1 by underlying securities to ensure transparency and trust.