Tokenized Stocks Go Global, US Still Restricted

[johnblockbuster]

Kraken co-CEO Arjun Sethi says xStocks on TON Wallet brings “tokenized equities onto truly open infrastructure,” giving Telegram users the ability to trade popular US stocks onchain. While the rollout skips major markets like the US, EU, and Australia, it targets developing regions where access to traditional financial markets may be limited.

This approach contrasts with providers like Securitize, which are pursuing regulatory approval to offer tokenized US equities domestically. xStocks’ launch highlights how tokenized securities are expanding globally while navigating complex regulations.