Kraken-backed xStocks have gone live on the TON blockchain, allowing users to access tokenized versions of US stocks and exchange-traded funds directly inside Telegram through its built-in TON Wallet. Key Takeaways: xStocks bring tokenized US stocks and ETFs directly into Telegram via TON Wallet. The tokens offer onchain price exposure without share ownership and are restricted by jurisdiction. The launch tests whether mass distribution can drive adoption of tokenized equities. The move brings to ...

Kraken-backed xStocks have launched on the TON blockchain, making tokenized versions of U.S. stocks and ETFs readily available inside the Telegram app through its built-in TON Wallet. The integration allows users to buy, hold, and transfer tokenized representations of equities such as Tesla, Nvidia, and the S&P 500 ETF without leaving the messaging app. “Embedding tokenized U.S. stocks into Telegram Wallet is a massive UX unlock,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decryp ...