Join Our Telegram channel to stay up to date on breaking news coverage
Leading cryptocurrency exchange Kraken announced its strategic collaboration with Wallet in Telegram and Backed to bring xStocks, the tokenized version of equities, to a brand new audience.
With this partnership, Kraken’s tokenized stocks are now natively embedded into the Telegram app, bringing popular picks like Tesla and Nvidia to over 100 million Telegram users. This is a massive step that brings blockchain-based stock investing to the masses via the popular messaging app.
Visit Kraken and start trading xStocks, or continue reading to find out more about how tokenized equities fit into the Telegram app.
Tokenized Equities Arrive to Telegram
Wallet in Telegram is a third-party crypto wallet app that works on the messaging app, and it now enables eligible Telegram users to access xStocks. Users can trade, view, or manage all tokenized stocks seamlessly, along with other cryptocurrencies they hold in their wallets.
A new section called “Stocks & ETFs” will appear within the wallet, and interested investors will be able to buy whole or fractions of the available tokenized stocks, 24 hours a day, 5 days a week, regardless of Wall Street working hours.
⚡️ Breaking: U.S. stocks and ETFs are coming to Wallet!@wallet_tg users will soon be able to trade shares of major U.S. companies — from $Apple, $Tesla and $Nvidia to the S&P 500. Access to the U.S. financial market is made possible through our partnership with @krakenfx and… pic.twitter.com/2EKBMkGsbq
— Wallet in Telegram (@wallet_tg) October 1, 2025
What’s Coming Next?
The Kraken partnership continues beyond this initial integration, and in the next phase, tokenized xStocks will be available within Telegram’s self-custodial wallet on the TON blockchain.
With xStocks already available for trading on Solana, BNB Chain, Tron, and Ethereum, the expansion to the TON blockchain will be a major milestone in enabling cross-chain and decentralized access to tokenized equities across mainstream apps like Telegram.
New Possibilities For DeFi and Web3 Apps
The ecosystem’s expansion to TON enables developers to build apps and users to leverage their xStocks holdings as collateral in DeFi protocols and Web3 applications. Such integration could open the way for new innovation and adoption across the TON ecosystem.
New dApps in Telegram could simplify in-chat trading and reduce complex trading mechanisms to a matter of everyday conversation. Token-gated access and subscriptions to communities could democratize sharing pro trading signals based on XStock holdings. There’s even the possibility of collateralized lending and margin trading, all from the comfort of the chatroom.
Industry Leaders Say What’s Next
Industry leaders who worked on this partnership explain what this means for traditional markets and crypto:
“It is about collapsing the distance between traditional markets and everyday users. It shows that investing can be seamless, borderless, and available around the clock, just like the way we already communicate online.”Arjun Sethi, Kraken Co-CEO
“Our mission is simple – make tokenized stocks and ETFs available to 1 billion Telegram users across every corner of the world, turning everyday conversations into opportunities to participate in global markets.”Andrew Rogozow, Wallet in Telegram CEO
“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 Live, Backed Co-Founder
The Foundation of Transparency and Trust Through Collateralization
The xStocks tokens issued by Backed are fully collateralized 1:1 with its underlying equities, ensuring complete transparency. This means that when a user buys 100 xStocks of, say, Tesla, they own a tokenized version that is backed with 100 actual Tesla (TSLA) stocks.
Such backing is designed to strengthen trust among users in Wallet in Telegram, so they can participate in the global economy without having to go through a lengthy process of opening accounts with traditional stock brokers.
xStocks Expands Worldwide
There’s already strong demand for xStocks, with over $4.5 billion in combined trading volume across CEX and DEX since its launch.
Within three months after launch, tokenized stocks xStocks have become available on Solana, Ethereum, Tron, BNB Chain, and the integration with the TON blockchain is now also in the works.
Such a multi-platform and cross-chain strategy shows the mission of xStocks for tokenized equities that are borderless, permissionless, and available for everyone worldwide.
Opening the Doors to Global Financial Markets
The partnership between Kraken, Backed, and Wallet in Telegram is massive for both the traditional finance and the crypto space, as it enables tokenized equities to be accessible to millions via the popular messaging platform Telegram.
Users can trade stocks like Tesla, Nvidia, and Microsoft directly within their Wallet in Telegram, and soon in Telegram’s native TON wallet, 24 hours, 5 days a week.
Such strategic partnerships between these three entities show their shared mission to democratize global finances and make trading tokenized equities mainstream for billions worldwide. Make your first step in tokenized equities by visiting the Kraken exchange.
Join Our Telegram channel to stay up to date on breaking news coverage
