PANews reported on October 2nd that the xStocks Alliance, comprised of Kraken and Backed, has officially announced a partnership with Telegram Wallet to bring the tokenized stock product xStocks to the Telegram platform. Eligible Telegram users will soon be able to access a range of xStocks assets directly within their built-in custodial crypto wallet (Wallet in Telegram). In the second phase of the partnership, xStocks will also be expanded to Telegram's self-hosted wallet based on the TON blockchain. This move will enable xStocks to be used as collateral for DeFi protocols and Web3 mini-apps within the TON ecosystem.