xStocks, the gold standard in tokenized stocks, launches on TON, the open-source network, bringing permissionless on-chain US stock exposure to the decentralized internet network. The launch is supported by seamless integration with the non-custodial TON wallet, natively integrated into Telegram, allowing users to access tokenized stocks directly within the messaging app.
Expanded access to the entire TON ecosystem
Millions of users in the TON ecosystem will have extensive access to purchase, hold and transfer tokenized versions of blue-chip companies such as TSLAx, SPYx, NVDAx, etc. Through the deployment, TON users will be able to access tokenized stocks alongside hundreds of other crypto tokens, sharing the same wallet and composability with the applications they are familiar with.
Max Crown, President and CEO of the TON Foundation: “The full integration of xStocks into TON Wallet represents a major step forward for the adoption of real-world assets on TON. Nearly 100 million users can now hold and trade tokenized US stocks with the same ease as sending a message in Telegram – instantly, worldwide and held solely in their own custody.”
“This breakthrough delivers real, tangible financial utility to everyday users and cements TON as the leading blockchain for on-chain regulated assets. It advances the entire ecosystem and accelerates the path to traditional, borderless finance.”
Build on proven demand in Telegram
This extends xStocks directly into TON Wallet. The rollout provides nearly 100 million existing TON Wallet users around the world with on-chain access to stocks and ETFs in the dedicated tokenized assets section of the wallet, accelerating the adoption of xStocks among non-US individuals.
Previously, Wallet in Telegram successfully launched stocks and ETFs through its custody solution, Crypto Wallet. In just the first month, despite only being available in a limited number of countries, xStocks received strong early interest. Expanding access through TON Wallet is expected to accelerate this growth exponentially, providing users with easy access to investment tools directly within Telegram.
Andrew Rogozov, CEO of The Open Platform (TOP) and Wallet in Telegram: “By integrating xStocks into TON Wallet, we are making global investing more inclusive than ever.. Millions of users can have the same opportunity to access, manage and trade tokenized stocks that were once limited to traditional investors, now within a familiar and intuitive interface.
Momentum towards a multi-chain standard
Already available on Solana and Ethereum, xStocks is quickly becoming one of the most widely distributed tokenized stock standards in the industry. The TON integration continues xStocks’ momentum toward a multi-chain future designed to provide global accessibility and interoperability.
Since the public launch of xStocks on June 30, 2025 on Kraken, the supply has continued to grow, adding $60 million to be provided between November and December for a total of over $180 million in on-chain assets and nearly 50,000 unique wallet addresses holding those assets. Now xStocks is coming to TON.
Arjun Sethi, co-CEO of Kraken: “The launch of xStocks on TON brings tokenized stocks to a truly open infrastructure. For the first time, millions of people have access to US on-chain stocks in Telegram with the same ease as sending a message. Instantly, globally and without traditional gatekeepers,”
“This is the true promise of tokenization. As financial assets move onto open networks, they become neutral, composable building blocks that anyone can use. This shift is how we unlock the next phase of the global financial system.”
Laying the Foundation for On-Chain Capital Markets
With support for TON and ongoing deployments to Mantle and TRON, xStocks continues to grow as the multi-chain standard for tokenized stocks. We recently announced that we would acquire Backed Finance to unify the issuance, trading and settlement of xStocks, and we are driving this integration as part of our broader vision to build a public-neutral infrastructure for the global capital markets.
This approach allows assets to flow freely across ecosystems, laying the foundation for on-chaining a significant portion of traditional capital markets.
