xStocks, the gold standard for tokenized equities, are launching on TON, the open network for everyone, bringing permissionless, onchain U.S. equity exposure to the decentralized internet network. The launch is supported by seamless integration with non-custodial TON Wallet, natively embedded in Telegram, enabling users to access tokenized stocks directly within the messaging app.
Expanded access across the TON ecosystem
Millions of users on TON ecosystem will have expanded access to buying, holding, and transferring tokenized versions of blue-chip companies like TSLAx, SPYx, NVDAx, and more. Through the deployment, TON users will be able to access tokenized equities alongside hundreds of other crypto tokens, sharing the same portfolio and composability with the apps they know.
Max Crown, TON Foundation President and CEO: “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.”
“This breakthrough delivers real, tangible financial utility to everyday users and cements TON as the leading blockchain for bringing regulated assets onchain. It moves the entire ecosystem forward and accelerates the path toward mainstream, borderless finance.”
Building on proven demand in Telegram
This expands xStocks directly into TON Wallet. The rollout provides nearly 100 million existing TON Wallet users across the globe with onchain access to stocks and ETFs in the wallet’s dedicated tokenized assets section, accelerating xStocks adoption among non-U.S. persons.
Previously, Wallet in Telegram successfully launched Stocks and ETFs via its custodial solution, Crypto Wallet. In just the first month, despite being available in only a limited number of countries, xStocks generated strong early interest. Expanding access through TON Wallet is expected to accelerate this growth exponentially, giving users easy access to investment tools right inside Telegram.
Andrew Rogozov, CEO of The Open Platform (TOP) and Wallet in Telegram: “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.”
Momentum toward a multichain standard
Already available on Solana and Ethereum, xStocks is rapidly becoming one of the most widely distributed tokenized equities standards in the industry. The TON integration continues xStocks’ momentum toward a multichain future designed to deliver global accessibility and interoperability.
Since xStocks public launch on June 30, 2025, on Kraken, the offering has steadily grown, adding $60M to supply between November and December for a total of over $180M in assets onchain and nearly 50K unique wallet addresses holding these assets. Now, xStocks come to TON.
Arjun Sethi, Kraken Co-CEO: “Launching xStocks on TON brings tokenized equities onto truly open infrastructure. For the first time, millions of people gain onchain access to U.S. equities inside Telegram with the same ease as sending a message. Instantly, globally, and without traditional gatekeepers,”
“This is the real promise of tokenization. As financial assets move onto open networks, they become neutral, composable building blocks that anyone can use. That shift is how we unlock the next phase of the global financial system.”
Laying the foundation for onchain capital markets
With support for TON and deployments on Mantle and TRON underway, xStocks continues to grow as a multichain standard for tokenized equities. We recently announced we will acquire Backed Finance to unify the issuance, trading, and settlement of xStocks, and are driving this integration as part of our broader vision to build public-neutral infrastructure for global capital markets.
This approach enables assets to move freely across ecosystems, laying the foundation for bringing significant portions of traditional capital markets onchain.