Kraken-backed xStocks launches on TON blockchain, allowing global Telegram users to trade tokenized US stocks within the app. Solana and Ethereum already hold $180M in xStocks assets. This aligns with a 2025 trend of tokenizing traditional assets like stocks for 24/7 liquidity on blockchains.

xStocks offers tokenized equities on TON and Telegram, mirroring real stocks or ETFs. Kraken’s backing adds credibility to the space dominated by smaller projects. Users can now access US stocks without a traditional brokerage account, holding tokens in a self-custody wallet.

Tokenized stocks on TON are part of a larger trend of putting real-world assets on blockchains. Competition heats up as platforms like Robinhood launch tokenized stocks for EU customers. Different chains offer trade-offs, with TON integrating with Telegram’s chat-first experience for investors.

Kraken’s xStocks launch on TON verticalizes the trust stack, controlling token issuance, trading, and settlement. While convenient, tokenized stocks still carry risks of regulation changes, technical issues, and potential value loss. Approach them as a hybrid between traditional brokerage accounts and DeFi positions.

xStocks on TON showcases the future of finance with more assets, chains, and trading options. Understanding the convenience and yield of tokenized stocks also involves recognizing new types of risks. Use caution, diversify across platforms, and only invest what you can afford to lose in this evolving space.

Read more at Yahoo Finance: Kraken’s xStocks Brings Tokenized US Shares to TON and Telegram