xStocks, backed by Kraken, just went live on The Open Network (TON) blockchain.
Now, people using Telegram’s TON Wallet can access tokenized U.S. stocks and ETFs right inside the app. This is a pretty big move for bringing real equities onto the blockchain for everyday users.
With this launch, anyone outside the U.S., EU, and Australia can buy, hold, send, or trade digital versions of major U.S. stocks directly in their Telegram chats.
It’s all happening inside an ecosystem that already feels familiar, since TON was built to work hand-in-hand with Telegram from the start.
Tokenized Stocks Move Closer to Everyday Use
Tokenized stocks are digital tokens that track the price of real shares or ETFs, they aren’t exactly new in crypto.
But now, with xStocks plugging these assets into Telegram’s TON Wallet, things are getting interesting.
Suddenly, hundreds of millions of people can tap into blue-chip stock tokens like Apple (AAPLx), Amazon (AMZNx), and Coinbase (COINX) right inside TON Wallet.
No more signing up for a broker, linking your bank, or getting lost in compliance headaches. It’s just a smoother, blockchain-first way to get started.
Kraken’s co-CEO Arjun Sethi called this launch a move toward “truly open infrastructure” for tokenized equities, and honestly, he’s got a point.
Telegram’s reach is massive. This isn’t the first time users could buy these tokens. Telegram’s custodial wallet was offered to them before, but now, with the TON Wallet, everything is fully on-chain.
Users control their private keys and can connect with other DeFi apps, making the whole experience a lot more open and flexible.
More News: Kraken Partners with Crypto Insights Group to Boost Access
How xStocks Work on TON
xStocks tokens work pretty simply. For every token out there, there’s a real share held by regulated partners. So the token’s price moves right along with the actual stock or ETF.
But here’s the thing, you get the price exposure, but not the legal ownership of the share itself. That’s a key difference, and it’s important for how these tokens fit into places where security token rules aren’t clear.
With the TON blockchain’s speed and Telegram’s familiar interface, xStocks lets people trade around the clock, five days a week.
It feels a lot like the regular stock market, just without all those annoying borders and institutional red tape that usually keep global retail investors out.
The whole process feels like using any other Web3 digital asset.
Instead of logging into some old-school brokerage site, you just use the TON Wallet inside your chat app
Regulatory Limits and Geographic Restrictions
Even with all the buzz about the launch, there are some real regulatory roadblocks. U.S. residents can’t use xStocks on TON, and people in the EU and Australia are out too.
That’s because of securities laws; they’re trying to stick to the rules and not offer anything that might get flagged as a security where registration and compliance would kick in.
This approach isn’t new. You see it a lot with tokenized equities. Teams start out in places where people want easier access to financial products and the rules aren’t so tough. Then, as the legal landscape gets clearer, they look to expand into other markets.
The post Kraken xStocks Brings Tokenized US Shares to TON appeared first on Ventureburn.
