Cryptocurrency

xStocks launching tokenized equities on TON and Telegram

The platform will bring in collateralised tokenised U.S. stocks and ETFs to the TON blockchain and the TON Wallet embedded in Telegram.

by Defused News Writer

Updated December 18, 2025

xStocks launching tokenized equities on TON and Telegram — Photo by Tyler Prahm / Unsplash

xStocks is launching tokenized U.S. equities on the TON blockchain and integrating them with the non-custodial TON Wallet embedded in Telegram.

xStocks said in a statement that the integration will let millions of TON users buy, hold and transfer tokenized versions of blue-chip companies such as TSLAx, SPYx and NVDAx directly within the messaging app. The company said tokenized equities will appear alongside hundreds of other crypto tokens in users’ shared portfolios and remain composable with apps on the TON ecosystem.

Since xStocks public launch on June 30, 2025, on Kraken, the offering has grown, the company said, adding $60 million to supply between November and December for a total of over $180 million in assets onchain and nearly 50K unique wallet addresses holding these assets. “Bringing xStocks fully onchain in TON Wallet represents a major advancement for real-world asset adoption on TON. Nearly 100 million users can now hold and trade tokenized U.S. equities with the same ease as sending a message in Telegram — instantly, globally, and held solely in their own custody,” Max Crown, TON Foundation President and CEO, said.

Previously, Wallet in Telegram launched Stocks and ETFs via its custodial Crypto Wallet and saw strong early interest in its first month, the company said. “By integrating xStocks into TON Wallet, we’re making global investing more inclusive than ever. Millions of users can have the same opportunity to access, manage, and trade tokenized equities that was once limited to traditional investors, now within a familiar, intuitive interface,” Andrew Rogozov, CEO of The Open Platform (TOP) and Wallet in Telegram, said.

xStocks is already available on Solana and Ethereum, and deployments on Mantle and TRON are underway, the company said. The company added that it will acquire Backed Finance to unify issuance, trading and settlement of xStocks and to support its plan to build public-neutral infrastructure for global capital markets.