Telegram’s Wallet to Launch Tokenized Stocks and ETFs Through xStocks Partnership

Telegram’s Wallet to Launch Tokenized Stocks and ETFs Through xStocks Partnership

Wallet in Telegram, the third-party crypto wallet integrated into the popular messaging app, is set to introduce tokenized U.S. stocks and ETFs through a new partnership with crypto exchange Kraken and tokenization provider Backed. The initiative will be powered by xStocks, offering users access to digital versions of equities like Nvidia (NVDA), MicroStrategy (MSTR), Coinbase (COINX), and Robinhood (HOODX).

The list of tokenized stocks coming to Wallet in Telegram in early October. Source: Wallet in Telegram

The rollout begins in October under the “Stocks and ETFs” section of Wallet in Telegram. At launch, users will see 35 tokenized assets available, with the offering expected to expand to over 60 by the end of 2025. Each tokenized stock or ETF will be fully collateralized on a 1:1 basis with the underlying asset, according to Wallet in Telegram.

Focus on Emerging Markets and Compliance

The launch will first target emerging markets, aligning with Backed’s broader strategy to expand access to tokenized assets in developing economies. Specific countries included in the initial rollout have not yet been disclosed.

Like previous integrations of xStocks by other platforms, availability is expected to exclude the U.S. and sanctioned jurisdictions. Wallet in Telegram emphasized that xStocks will operate under a compliant prospectus with detailed investor disclosures, underscoring transparency and regulatory alignment.

A company spokesperson noted:

“The rollout will start in a limited number of markets as we carefully test adoption and user experience. Our long-term vision is to provide broad access to tokenized equities while ensuring compliance.”

Roadmap: TON Wallet Expansion in Q4 2025

Currently available through the custodial Wallet in Telegram, xStocks will extend to TON Wallet, the self-custodial option, in the final quarter of 2025. This expansion will allow users greater control over their assets while maintaining access to tokenized equities.

The list of tokenized stocks coming to Wallet in Telegram in early October. Source: Wallet in Telegram

While Bitcoin ETFs are excluded from the product, Wallet in Telegram confirmed that Bitcoin remains available to purchase through its custodial wallet. Trading of tokenized stocks and ETFs will be commission-free until the end of 2025, though standard withdrawal fees will apply.

The launch of tokenized equities on Telegram comes at a time of rising interest in bridging traditional financial markets with blockchain-based solutions. Tokenized assets aim to make investing more accessible by reducing barriers to entry and enabling round-the-clock trading.

The announcement also follows recent remarks from Telegram founder and CEO Pavel Durov, who revealed he has been a longtime Bitcoin supporter. In a conversation with researcher Lex Fridman, Durov shared that he purchased several thousand Bitcoin in 2013, a move that has since become a significant source of his personal wealth.

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