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3h ago

Telegram Wallet to Offer Tokenized U.S. Stocks in October via Kraken and Backed

The integration targets mass‑market access to on‑chain equities inside a familiar messaging app.

wallet in telegram
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Overview

  • Wallet in Telegram plans to add more than 60 tokenized U.S. stocks and ETFs in October, with no specific launch date disclosed.
  • The initial rollout will be custodial within Wallet in Telegram, followed by a planned expansion to the self‑custodial TON Wallet.
  • Kraken will supply exchange infrastructure as Backed provides 1:1‑collateralized xStocks, which have recorded over $4.5 billion in cumulative volume.
  • Planned features include fractional ownership and 24/5 trading access to major names such as Nvidia, Tesla, and MicroStrategy.
  • Access is limited to eligible users across Telegram’s ecosystem, which counts over 100 million wallet sign‑ups and roughly 1 billion total users, with availability on TON targeted for Q4.