Wallet in Telegram Launches Tokenized U.S. Stocks in Partnership With Kraken and Backed
The post Wallet in Telegram Launches Tokenized U.S. Stocks in Partnership With Kraken and Backed appeared on BitcoinEthereumNews.com.
Key highlights: Wallet in Telegram adds 60 tokenized U.S. equities via xStocks integration with Backed and Kraken. Rollout begins with 35 assets in October, expanding to self-custodial TON Wallet in Q4 2025. Trading is commission-free through 2025; offerings focus on emerging markets initially. Wallet in Telegram, a crypto wallet integrated into the Telegram messaging app, has partnered with U.S. crypto exchange Kraken and tokenization firm Backed to launch tokenized versions of U.S. stocks through the xStocks platform. The integration will offer access to 60 tokenized U.S. equities, including prominent names like MicroStrategy (MSTR), Nvidia (NVDA), Coinbase (COIN), and Robinhood (HOODX). These tokenized assets will be accessible under a new “Stocks and ETFs” section within Wallet in Telegram, starting in October 2025. The initial rollout will support 35 equities and will expand to 60 over time. Wallet in Telegram Brings xStocks to Telegram, Unlocking Access to Tokenized U.S. Equities for Millions of Users Key takeaways from @mirakhmed and @mcrown keynote at #TOKEN2049: — @wallet_tg partners with @xStocksFi to bring tokenized U.S. equities & ETFs to 100M+ users—… pic.twitter.com/ri25jAxTMW — The Open Platform (@topdotco) October 2, 2025 Expansion to the TON ecosystem In a subsequent phase planned for Q4 2025, the service will be extended to TON Wallet, the self-custodial wallet on the TON blockchain. This move opens up additional opportunities for decentralized finance (DeFi) applications on TON, allowing xStocks tokens to be used as collateral in Web3 protocols and mini apps. The integration is designed with emerging markets in mind, aligning with Backed’s strategy to prioritize financial access in developing economies. While specific eligible jurisdictions have not been disclosed, the platform previously excluded the U.S. and sanctioned regions in similar integrations. Regulatory and trading details According to Wallet in Telegram, all xStocks are fully collateralized 1:1 with their underlying equities and…
Filed under: News - @ October 3, 2025 5:28 pm