Tokenized US Stocks & ETFs Coming To Telegram Wallet Via Kraken & BackedFi
Telegram is taking another step toward bridging traditional finance with crypto. Through a new partnership among Wallet in Telegram, xStocks operator Backed, and US-based crypto exchange Kraken, tokenized equities will soon be available directly within the messaging platform. The announcement, made on Wednesday, confirms that users will gain access to tokenized versions of US equities. Related Reading: Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details Wallet in Telegram, a third-party crypto wallet app integrated into the Telegram ecosystem, will serve as the gateway for this....
Related News
DeFi platform Ondo Finance has unveiled its integration with the BNB Chain to bring more than 100 tokenized stocks and exchange-traded funds (ETFs) to the network’s millions of daily active users. Related Reading: French Lawmakers Propose National Bitcoin Reserve Bill To Hold 2% Of BTC’s Supply Ondo Finance Expands To BNB Chain On Wednesday, Ondo […]
Kraken parent Payward has partnered with Nasdaq to build what the companies describe as an “equities transformation gateway,” a new infrastructure layer designed to connect regulated tokenized equity markets with permissionless blockchain networks. For crypto markets, the significance is clear: one of the largest traditional market operators is now working directly with a crypto-native tokenization […]
The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs SEC Chairman Jay Clayton talked about the commission’s approach to regulating crypto products during a panel discussion hosted by the Chamber of Digital Commerce earlier this month. The event, entitled “Two Sides of the American Coin: Innovation & Regulation of Digital Assets,” also....
The Nasdaq has filed a proposed rule change with the SEC to list tokenized stocks, marking a significant integration of blockchain technology into traditional finance (TradFi). Market experts have predicted that XRP is one of the crypto assets that stand to benefit massively from this move. Nasdaq Files To List Tokenized Stocks Nasdaq has filed with the SEC to allow investors to trade tokenized stocks on its platform. The exchange has proposed that these securities could be traded in either their traditional form, without using blockchain technology, or in their tokenized form, utilizing....
BlackRock is moving deeper into tokenized funds, and the moves are starting to look like a bid to bring traditional ETFs onto blockchains. Related Reading: Vietnam To Test Crypto Market Over 5 Years With Heavy Rules Reports have disclosed that the firm’s tokenized money market product, known as the BlackRock USD Institutional Digital Liquidity Fund […]