Telegram Joins $1T Tokenized Equities Race With 60+ Listed Stocks and ETFs

Telegram:- In a buzzing $35 billion market for tokenized assets, equities are rapidly emerging as the next major frontier. What began as an experiment on niche blockchains has now become a full-fledged race among major exchanges and Web3 platforms.

From Gemini’s early pilots in tokenized securities to blockchain networks like BNB Chain and Solana expanding their RWA (Real-World Asset) ecosystems, the shift toward on-chain equities is accelerating. Now, one of the world’s largest messaging apps is joining the competition – signaling the sector’s move into mainstream consumer products.

Wallet in Telegram Launches Tokenized Equities

Earlier this month, Irena Takina, Chief Growth Officer of Wallet in Telegram, announced the company’s entry into the organized equities market. On 1 October, Telegram revealed its partnership with Kraken and Backed Finance AG to bring tokenized stocks and ETFs to users through the app’s built-in wallet.

Less than four weeks later, on 27 October, the company made trading for over 60 tokenized stocks and ETFs officially live for millions of users. The rollout, which Telegram describes as a full launch rather than a pilot, marks one of the fastest go-to-market timelines in the tokenization sector—“from idea to general availability in just a few weeks,” as Takina put it.

Wallet in Telegram Growth Head on Entry into Tokenized Equities Race
Wallet in Telegram Growth Head on Entry into Tokenized Equities Race | Source: Linkedin Post

The new feature allows users to purchase fractionalized shares of major global equities starting from as little as $1—a stark contrast to the minimum ticket sizes typical of brokerage accounts. The assets are represented as tokenized versions of underlying stocks and ETFs, made compliant and tradable via Backed Finance’s regulated infrastructure and Kraken’s exchange connectivity.

All transactions take place inside Wallet in Telegram, the in-app crypto and payments layer built around The Open Network (TON) blockchain. For users, this means investing is as simple as sending a message or sticker – an interface Telegram hopes will make finance as intuitive as chat.

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Race for the 1% Share of the Stock Market

Even though Telegram’s entry into tokenized equities marks a bullish signal for the sector, the road ahead remains long. According to the latest Block of Fame report, the total value of tokenized stocks on-chain currently stands at just $686.9 million — a mere 0.0007% of the global equity market. Yet, this figure is enough to ignite a race. From Web3 startups to legacy fintechs, every player now seems determined to capture even 1% of the world’s $100 trillion stock market through blockchain rails.

Even though the messenger’s entry is bullish for the sector, a previous Block of Fame report reported that only $686.9 million worth of tokenised stocks exist on-chain – just 0.0007%. However, despite these, web3 players and even from web2 are racinf to build over and take this cap to 1%.

Ondo Finance has named Chainlink as the official oracle provider for its tokenized stocks and exchange-traded funds (ETFs), aiming to improve how financial data moves across blockchain networks.

Chainlink will supply custom price feeds for the more than 100 tokenized equities on Ondo’s platform, including U.S.-listed stocks and ETFs. The platform has also expanded to BNB Chain with the launch of tokenized equities by PancakeSwap.

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Source: https://coingape.com/block-of-fame/pulse/telegram-joins-1t-tokenized-equities-race-with-60-listed-stocks-and-etfs/