Telegram Wallet to Offer Tokenized US Stocks via Kraken and Backed Partnership

Telegram's integrated wallet is revolutionizing cryptocurrency accessibility by partnering with major exchange Kraken and tokenization platform Backed to offer US stock trading directly within the messaging app. This groundbreaking collaboration will enable Telegram's 900+ million users to trade tokenized American equities seamlessly through the popular communication platform.

The integration represents a significant step toward mainstream DeFi adoption, bridging traditional finance with blockchain technology. Users can now access both cryptocurrency trading and tokenized stock investments without leaving Telegram's ecosystem. Backed, which operates the xStocks platform, specializes in creating blockchain-based representations of traditional securities, while Kraken provides the institutional-grade trading infrastructure.

This development positions Telegram as a comprehensive financial hub, potentially disrupting how retail investors access capital markets. The partnership could drive massive adoption of tokenized assets, as users gain exposure to US equities through familiar mobile interfaces. With growing institutional interest in tokenization and DeFi protocols, this collaboration signals broader acceptance of cryptocurrency-based financial services in mainstream applications, potentially boosting trading volumes across participating platforms.