Telegram Wallet to Add Tokenized US Stocks and ETFs Through Kraken and Backed

Telegram Wallet to Add Tokenized US Stocks and ETFs Through Kraken and Backed

By Bitcoin
Telegram's Crypto Wallet will soon let users trade tokenized shares of major U.S. companies and exchange-traded funds (ETFs), the platform announced. The new “Stocks & ETFs” section, enabled via partnerships with Kraken and Backed, will offer fractional, digital forms of equities including Apple, Tesla, Nvidia and S&P 500 exposure.

Article Details

Telegram's cryptocurrency wallet is revolutionizing digital asset trading by introducing tokenized US stocks and ETFs through strategic partnerships with Kraken and Backed. The popular messaging platform's integrated crypto wallet will soon feature a dedicated "Stocks & ETFs" section, enabling users to trade fractional shares of major corporations including Apple, Tesla, and Nvidia, alongside S&P 500 exposure.

This groundbreaking development bridges traditional finance with the cryptocurrency ecosystem, allowing seamless access to both digital assets and tokenized equities within a single platform. The integration leverages blockchain technology to offer fractional ownership of high-value stocks, making premium investments accessible to retail traders worldwide.

The move positions Telegram as a comprehensive DeFi platform, competing with traditional brokerages while maintaining cryptocurrency functionality. Users can now diversify portfolios beyond Bitcoin and altcoins, accessing tokenized securities backed by real-world assets. This innovation represents a significant step toward mainstream cryptocurrency adoption, as millions of Telegram users gain exposure to both digital currencies and traditional markets through one unified interface, potentially driving increased trading volume across both sectors.

Article Details

Market Sentiment
neutral
Category
regulation
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Regulation#Institutional

Additional Information

0

Read the Full Article

Continue reading this article on Bitcoin

Read Full Article

Source: Bitcoin

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights

Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon
generalNegative

Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon

TL;DR Binance CEO denies promoting Trump's stablecoin. The allegations involve a $2 billion investment in MGX. Senator Elizabeth Warren denounced thes...

Crypto Economy1 min
Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case
generalNegative

Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case

TL;DR US prosecutors are seeking the maximum five-year sentence for the co-founders of Samourai Wallet. They are accused of laundering $237M, although...

Crypto Economy1 min
U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks
generalNegative

U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks

The U.S. Treasury has imposed fresh sanctions on a group of North Korean bankers and institutions accused of laundering millions in cryptocurrency tie...

Coindesk1 min
Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto
generalPositive

Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto

TL;DR Arthur Hayes argues that the US government's repo-based funding model expands the dollar supply without calling it QE, which may support crypto ...

Crypto Economy1 min
Binance-backed startup accused of wallet manipulation in APR token airdrop
generalNegative

Binance-backed startup accused of wallet manipulation in APR token airdrop

aPriori, the trading startup backed by Binance founder Changpeng Zhao's venture firm YZi Labs is facing allegations of a Sybil attack in its recent to...

Cryptopolitan1 min
Stream Finance Stablecoin Plunges 77% After Protocol's Fund Manager Loses $93 Million
generalNegative

Stream Finance Stablecoin Plunges 77% After Protocol's Fund Manager Loses $93 Million

Stream's collapse shows operational risk extends beyond smart contracts to fund managers and custody, an expert told Decrypt....

Decrypt1 min