Tokenized stock trading starts on Telegram

The Telegram app will introduce a new “Stocks and Funds” feature in the “Crypto Wallet” section. This was reported by Zamin.uz.

According to Rozetked, this new feature will allow users to purchase tokenized stocks of American companies such as Apple, Tesla, and Nvidia.

Additionally, investments will be made based on the S&P 500 index. Trading will be conducted through tokens, enabling the purchase of fractional shares.

Unlike traditional stock exchange trading, operations will be carried out five days a week, throughout the day, i.e., 24 hours. Dividends will also be provided in the form of tokens, offering users an additional income opportunity.

This new service has been launched in collaboration with Kraken and Backed Finance companies. The section will be gradually rolled out in certain regions starting from the end of October.

Users can currently sign up for the waiting list through the mini-app. This feature creates convenience in the investment sector, making financial markets more open and accessible.