TON Wallet Launches xStocks for Tokenized US Equities, Excluding US and EU Markets

• xStocks now live on TON Wallet, integrating 35 tokenized stocks including major names like Coinbase and Robinhood.

• The platform emphasizes open infrastructure, allowing seamless access via Telegram’s familiar interface without traditional financial intermediaries.

• Availability spans nearly all TON Wallet markets, with plans for gradual expansion as regulations evolve, per statements from Kraken and The Open Platform executives.

Discover how xStocks on TON Wallet revolutionizes tokenized US stock access for Telegram users worldwide. Explore features, limitations, and future potential in this comprehensive guide—stay ahead in crypto investments today.

What is the xStocks Launch on TON Wallet?

xStocks on TON Wallet represents a significant advancement in tokenized securities, providing Telegram users with direct access to US stocks via a self-custodial wallet integrated with The Open Network (TON) blockchain. Backed by Kraken, this launch follows an initial integration in Wallet in Telegram and officially debuts on TON Wallet, enabling onchain trading of tokenized equities for the first time within the Telegram ecosystem. Kraken co-CEO Arjun Sethi highlighted that this move brings real-world financial products to open infrastructure, democratizing access beyond traditional markets.

How Does xStocks Integrate with Telegram’s TON Blockchain?

The integration of xStocks with TON Wallet leverages Telegram’s massive user base of over 900 million active users to bridge traditional finance and blockchain technology. TON Wallet, a self-custodial solution, allows users to hold and trade tokenized versions of US stocks and ETFs directly within the app, secured by the TON blockchain’s speed and scalability. Initially featuring 35 assets, including tokenized shares of Circle (CRCLX), Coinbase (COINX), Robinhood (HOODX), and TON Strategy (TONx), the platform ensures users maintain full control over their private keys.

According to Egor Danilov, chief product officer at The Open Platform (TOP) and Wallet in Telegram, this rollout aligns with regulatory frameworks, making stocks and ETFs accessible in nearly all markets where TON Wallet operates. The process involves converting real US equities into blockchain-based tokens, which can be bought, sold, or held 24/7 without relying on centralized custodians. Danilov emphasized the focus on global accessibility, stating that the launch prioritizes developing markets where traditional brokerage services may be limited.

Supporting data from blockchain analytics firms like Chainalysis indicates that TON’s transaction volume has surged by over 200% in the past year, driven by Telegram’s integration, providing a robust foundation for tokenized assets. This setup not only reduces fees compared to conventional stock trading—potentially by up to 50%—but also enhances liquidity through instant settlements on the blockchain.

Source: xStocks

Regulatory compliance remains central, with xStocks designed to respect jurisdictional boundaries from the outset. Danilov noted that access will expand gradually as guidance from bodies like the SEC and EU regulators permits, ensuring tokenized securities adhere to anti-money laundering standards and investor protection rules.

Frequently Asked Questions

What Stocks Are Available Through xStocks on TON Wallet?

xStocks on TON Wallet offers 35 tokenized US stocks and ETFs at launch, including prominent names such as Circle (CRCLX), Coinbase (COINX), Robinhood (HOODX), and TON Strategy (TONx). These assets represent fractional ownership of real equities, backed 1:1 by underlying securities held in custody, allowing Telegram users to diversify portfolios directly onchain with minimal entry barriers.

Why Is xStocks on TON Wallet Not Available in the US Right Now?

The xStocks launch on TON Wallet excludes the US, EU, and Australia to comply with stringent regulatory requirements for tokenized securities in these regions. As explained by Egor Danilov, this initial focus targets emerging markets where access to US stocks is otherwise restricted, with plans to enter restricted areas once licensing and approvals are secured, ensuring safe and legal distribution.

Key Takeaways

• Global Accessibility: xStocks brings tokenized US equities to Telegram users in supported markets, leveraging TON’s blockchain for fast, low-cost transactions without geographic barriers in eligible regions.
• Regulatory Alignment: The launch respects international rules by limiting availability in the US, EU, and Australia, with executive insights from Kraken and TOP underscoring a phased expansion strategy.
• Innovation in Tokenization: This integration marks a step toward mainstream adoption, empowering users with self-custodial control—consider exploring TON Wallet to evaluate how tokenized assets fit your investment approach.

US Market Perspectives on Tokenized Securities

While xStocks prioritizes international rollout, the US remains a focal point for tokenization innovation. Kraken’s approach reflects a strategic emphasis on open, global infrastructure, as articulated by co-CEO Arjun Sethi: “Launching xStocks on TON brings tokenized equities onto truly open infrastructure.” This contrasts with firms like Securitize, which have pursued US-specific pathways. On December 9, Securitize CEO Carlos Domingo affirmed that their tokenized stocks are already accessible to US investors, citing a clear regulatory path for native asset tokenization under existing SEC guidelines.

The broader tokenization sector shows varied strategies: while xStocks views developing markets as immediate opportunities, US-centric providers leverage frameworks like Reg D and Reg S for accredited investors. Industry reports from Deloitte estimate the tokenized asset market could reach $16 trillion by 2030, with real-world assets (RWAs) like equities leading growth. Experts from the World Economic Forum highlight that blockchain-based securities could reduce settlement times from days to seconds, cutting operational costs significantly.

In developing markets, where over 1.7 billion adults remain unbanked according to the World Bank, platforms like xStocks on TON address inclusion gaps. By embedding financial tools within Telegram—a platform with high penetration in regions like Southeast Asia and Africa—this launch could onboard millions to traditional investments via crypto-native interfaces.

Conclusion

The xStocks launch on TON Wallet signifies a pivotal moment for tokenized US stocks accessibility, integrating Kraken-backed securities into Telegram’s ecosystem on The Open Network blockchain. With features like self-custodial wallets and 35 initial assets, it empowers global users while navigating regulatory landscapes through targeted rollouts. As tokenization evolves, expect broader adoption of such innovations, potentially transforming how individuals engage with equities—monitor developments to capitalize on emerging opportunities in the crypto-financial space.