Telegram just dropped a bombshell in the investment world. Through partnerships with Kraken and Backed, its 100 million users can now buy tokenized US stocks like Tesla and Nvidia directly through their messaging app. The kicker? It’s available 24/5, with fractional shares making it accessible to everyday investors. This game-changing move targets the 4.3 billion unbanked globally, transforming smartphones into investment tools. The financial revolution just got a whole lot more interesting.
Telegram is smashing down the gates of Wall Street. The messaging giant just dropped a bombshell partnership with Kraken and Backed to offer tokenized US stocks through its Wallet feature. No more sitting on the sidelines while the big players have all the fun – over 100 million Telegram users are about to get their shot at owning pieces of Tesla, Nvidia, and other major stocks.
Let’s be real: traditional stock trading is absurdly exclusive. Nearly 4.3 billion people worldwide are either unbanked or underbanked. Now they’re getting handed a golden ticket. Through Telegram’s platform, users can buy fractional shares 24/5, way beyond those restrictive Wall Street hours. The platform is committed to enabling 24/5 trading for users in all time zones. It’s like having a stock exchange in your pocket, minus the fancy suits and pretentious jargon. The platform is targeting emerging markets specifically to boost financial inclusion.
Traditional finance keeps billions locked out, but Telegram’s 24/5 trading brings Wall Street access straight to your smartphone.
This isn’t some sketchy crypto scheme. Each tokenized stock is backed one-to-one by real shares held by Backed, a Swiss company that’s already processed $4.5 billion in trading volume. When someone buys a token, there’s an actual share sitting in a vault somewhere. Despite market volatility reaching new heights in late 2024, these tokenized stocks remain directly tied to their traditional counterparts. No smoke and mirrors here, folks.
The heavy hitters behind this move aren’t mincing words. Andrew Rogozov, Telegram Wallet’s CEO, is talking about demolishing walls between traditional finance and global users. Kraken’s co-CEO Arjun Sethi sees it as bridging the gap between Wall Street and everyday people. Even Max Crown from TON Foundation is calling it a game-changer for financial access.
The technical roadmap is ambitious but solid. Starting with a custodial crypto wallet, they’re planning to expand to self-custodial options by Q4 2025. The whole system runs on TON blockchain, promising the security and scalability needed for this financial revolution.
Over 60 stocks and ETFs are lined up for the initial rollout, with more to come. This isn’t just another crypto project – it’s a sledgehammer to the old system’s walls. Telegram is turning casual chats into potential investment opportunities for a billion users. Wall Street’s exclusive club just got a lot more crowded.
