Telegram Wallet has partnered with Kraken and Backed to launch xStocks, allowing users to buy tokenized versions of 60+ US stocks including Tesla, Apple, and NVIDIA. The service operates 24/5 weekdays, breaking free from traditional exchange hours. Users can purchase fractional shares starting with as little as $1 USD, with payments made through USDT stablecoin.​

While the service is available to 100+ million Telegram users globally, it excludes US residents and those in restricted regions like Canada, Australia, EU, and UK. Russian users face specific restrictions as they cannot use cryptocurrency for payments. Dividends are automatically reinvested into more tokens rather than paid out in cash.

source: lifehacker

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