The tokenized stock platform xStocks has integrated support for the TON blockchain, according to a press release provided to ForkLog.
Users of the non-custodial TON Wallet in Telegram can trade derivatives of American company securities.
This update grants access to tokenized blue-chip stocks (TSLAx, NVDAx) and ETFs (SPYx). These tools are available in a single interface alongside cryptocurrencies, allowing for unified portfolio management within the messenger.
The TON Foundation described the integration as a step towards the widespread adoption of real-world assets.
“Nearly 100 million users now have the opportunity to own and trade US stocks as easily as sending messages. The assets are under their full control,” said TON Foundation President Max Crown.
Previously, stock trading was available in the custodial service Crypto Wallet. The current update extends functionality to TON Wallet, a self-custody solution. According to The Open Platform CEO Andrey Rogozov, this levels the playing field between retail users and traditional investors.
The xStocks project is already operational on the Solana and Ethereum networks. Since its launch in June, the protocol’s asset volume has exceeded $180 million, with the number of holders reaching 50,000 addresses.
The integration is supported by the cryptocurrency exchange Kraken, which previously acquired Backed Finance to consolidate the issuance and trading of these instruments. The developers plan to expand to the Mantle and TRON blockchains.
The service is unavailable to US citizens and residents.
Back on July 22, TON Wallet enabled American users to manage digital assets in Telegram.
