telegram Launches Stock & ETF Trading Directly Within the App with Xstocks
telegram is expanding its functionality to include stock and ETF trading directly within the messaging app through a new feature called Xstocks.This move, enabled by partnerships with US crypto exchange Kraken and tokenization specialist Backed, perhaps opens investment opportunities to Telegram‘s over one billion users.
The initial offering includes over 35 tokenized securities,featuring prominent companies like Apple (AAPL),Tesla (TSLA),and Nvidia (NVDA),alongside broadly diversified ETFs such as the S&P 500. Telegram plans to expand this selection to over 60 shares and etfs by the end of 2025.
Currently, Xstocks operates through Telegram’s “Crypto Wallet” in a dedicated “Shares and ETFs” section. Integration with the “Ton Wallet” is planned for the fourth quarter, aiming to benefit users, especially those in emerging countries.
The system utilizes 1:1 tokenization, where each digital share is fully backed by a corresponding real stock held in trust. Backed and Kraken report a combined trading volume exceeding 4.5 billion euros through this system.
“We tear down the traditional walls of the financial world and give millions of people their first real chance at the global financial market,” stated Andrew Rogozov, founder and CEO of The Open Platform and Wallet in Telegram.
Xstocks offers several key features: 24/7 trading, the ability to purchase fractional shares, and the elimination of traditional broker fees. Telegram aims to remove common investment barriers like high costs, regional restrictions, and complex account setup processes.
Kraken Co-CEO Arjun Sethi noted the strategy of “picking up people where they are already,” while also highlighting that Bitcoin etfs are currently excluded,despite bitcoin remaining available as a crypto asset.
This launch positions Telegram as a direct competitor to established fintech platforms like Robinhood and eToro. With over 100 million registered Wallet users, Telegram boasts a significantly larger user base than many specialized trading apps.
The underlying technology relies on the TON blockchain network, originally developed by Telegram’s founders, serving as the foundation for a growing Web3 ecosystem. The market for tokenized assets is experiencing rapid growth, already reaching hundreds of billions, compared to a US stock market valued at over 60 trillion euros.
Telegram’s plans extend beyond stocks and ETFs, with future integration of bonds and other real assets planned. The integration with the Ton wallet will further embed these financial instruments within the blockchain ecosystem, alongside cryptocurrencies and decentralized applications.
“We fundamentally change how users interact with capital markets and build wealth,” said Adam Levi, Co-founder of Backed. ”An entire generation of digital users could invest and manage their assets in a completely different way in the future.”
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