Telegram’s crypto ecosystem is expanding as Wallet in Telegram prepares to launch tokenized US stocks and ETFs through its partnership with xStocks, Backed, and Kraken. The rollout will begin in October 2025 and marks a major step in bringing tokenized equities to Telegram users worldwide.
Tokenized Stocks Arrive on Telegram
Wallet in Telegram, a third-party crypto wallet app integrated into the messaging platform, will allow users to access more than 60 tokenized US equities through xStocks. The offering will include leading companies like MicroStrategy (MSTR), Nvidia (NVDA), Coinbase (COINX), Robinhood (HOODX), and TON Strategy (TONx).
The launch will begin with 35 tokenized assets, expanding to over 60 by the end of 2025. Each tokenized stock and ETF will be fully collateralized 1:1 with its underlying asset, ensuring transparency and compliance.
No Bitcoin ETFs in the Launch
While tokenized equities and ETFs are coming to Wallet in Telegram, Bitcoin ETFs will not be included. Instead, Bitcoin will remain available for purchase through the custodial crypto wallet inside Telegram. Users will find the new products in a dedicated section called “Stocks and ETFs.”
Expansion to TON Wallet in Q4 2025
The initial rollout will be available inside the custodial Wallet in Telegram. By the fourth quarter of 2025, the integration will expand to TON Wallet, a self-custodial solution designed for users who want direct control over their assets.
This move highlights Telegram’s long-term strategy to connect decentralized finance (DeFi), tokenization, and mainstream investing through its ecosystem.
Focus on Emerging Markets
The xStocks rollout will prioritize emerging markets, reflecting Backed’s mission to drive tokenization in developing economies. While Wallet in Telegram has not yet disclosed which countries will be eligible first, previous integrations of xStocks on platforms like Alchemy Pay excluded the US and sanctioned jurisdictions but offered access in more than 170 countries.
“From a regulatory perspective, xStocks are fully collateralized 1:1 and issued under a compliant prospectus with detailed investor disclosures,” a Wallet in Telegram spokesperson said, stressing transparency and compliance as key differentiators.
Zero Commission Trading Until 2025
Trading tokenized stocks and ETFs within Wallet in Telegram will be commission-free until the end of 2025. However, standard fees will still apply to withdrawals of tokenized assets.
Pavel Durov’s Bitcoin Endorsement
The launch of tokenized equities on Telegram comes shortly after Telegram founder Pavel Durov shared that he has been an early Bitcoin investor since 2013. In a recent interview, Durov revealed that Bitcoin has been a significant source of his income, underscoring his long-standing belief in digital assets.
A New Era for Tokenized Equities
With this partnership, Wallet in Telegram is positioning itself as a gateway to tokenized investing, blending traditional finance with blockchain technology. The commission-free trading model, focus on emerging markets, and upcoming TON Wallet expansion signal a new era for tokenized equities on Telegram.

