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Kraken-Backed xStocks Launches Tokenized US Equities on TON Wallet

Kraken-Backed xStocks Launches Tokenized US Equities on TON Wallet

Author:

Global Cryptocurrency

Published:

2025-12-18 15:23:30

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BTCCSquare news:

xStocks, a platform for tokenized US equities, has launched on TON Wallet, a self-custodial wallet integrated with Telegram. The service expands access to tokenized stocks like Tesla (TSLAx), Amazon (AMZNx), and Google (GOOGLx), targeting global users outside the US, EU, and Australia. Backed by Kraken, the initiative bridges traditional finance with blockchain, enabling seamless buying, holding, and transferring of equities.

The MOVE signals growing institutional adoption of tokenization, particularly in emerging markets. By leveraging Telegram's reach, xStocks democratizes access to US equities, bypassing traditional brokerage barriers. The partnership with TON Wallet underscores the convergence of messaging apps and financial services.

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