Tokenized U.S. Stocks Coming Soon to Wallet

Crypto Wallet plans to launch trading of tokenized U.S. company stocks this October in its custodial service.

What’s planned:

• The Wallet will offer access to over 60 instruments, including Apple, Tesla, and the S&P 500 index fund.

• Each token will be backed 1:1 by the underlying asset, making it a full digital representation of the security.

• Trading will be available 24/7 on weekdays, regardless of U.S. market hours.

• The feature will first launch in the custodial Crypto Wallet, with a rollout to the non-custodial TON Wallet to follow.

• According to Kraken and Backed Finance, trading volume of xStocks has already reached billions of dollars.

Key considerations:

• Holding tokens does not grant shareholder rights or voting privileges.

• Availability will depend on jurisdiction and local regulations; some regions may face restrictions.

• Regulatory frameworks for tokenized securities are still evolving, with agencies like the SEC actively reviewing this market.