Momentum Finance's Sui-Powered Architecture and the Future of Tokenized Finance

Momentum Finance, a decentralized exchange, is pivoting to become a comprehensive "Financial Operating System" within the Sui ecosystem. The company aims to build foundational infrastructure for tokenized finance. Momentum's three-layer architecture and institutional gateway Momentum X are key components of this vision. The company chose Sui as its core infrastructure due to its scalability and security features, which are critical for building a high-throughput, complex financial system.

Kraken, a leading cryptocurrency exchange, has joined forces with Wallet in Telegram to bring tokenized equities to Telegram's 100 million users. This strategic partnership aims to increase adoption of tokenized equities, providing global access to traditional markets through blockchain technology.

The collaboration introduces xStocks, digital tokens representing real-world US stocks and ETFs, into Telegram's crypto wallet interface. Users can now trade, manage, and store xStocks alongside cryptocurrencies like BTC, ETH, and SOL. The integration leverages Telegram's encryption and seamless integration within the messaging platform, ensuring secure and convenient access to financial markets.

By Q4 2025, the xStocks integration will expand to the TON blockchain, allowing users to access tokenized equities through Telegram's self-custodial TON wallet. The TON network, known for its speed and accessibility, is deeply integrated with Telegram and supports over 164 million wallet addresses and 2 million daily transactions, according to a CryptoNews press release.

The xStocks partnership represents a broader Web3 financial initiative to democratize global market participation. It enables users to participate in major financial markets worldwide, overcoming traditional barriers such as geographical restrictions and high fees. The integration of xStocks into the TON ecosystem also supports the growth of DeFi tools and applications, potentially transforming how users interact with capital markets.

Key industry leaders emphasize the significance of this initiative. Arjun Sethi, Kraken Co-CEO, highlights the accessibility and convenience of investing in tokenized equities. Andrew Rogozov, CEO of Wallet in Telegram, underscores the potential for transforming everyday conversations into investment opportunities. Adam Levi, co-founder of Backed, highlights the transformative impact on user interactions with capital markets, as noted in the CryptoNews press release.

Security is a critical concern for tokenized equities. xStocks are fully collateralized 1:1 with underlying equities, ensuring that each tokenized stock is backed by an actual share in the market. This model promotes transparency and trust for investors, boosting confidence in the asset.

Kraken and its partners aim to expand the reach of xStocks across various blockchains and consumer platforms. The alliance has already achieved a total trading volume of $4.5 billion and plans to continue its global adoption strategy, per the CryptoNews press release.

This partnership marks a significant step in making global financial markets more accessible and inclusive. By leveraging blockchain technology, Kraken, Wallet in Telegram, and Backed are revolutionizing how investors access and interact with capital markets.

References

Kraken Partners With Wallet in Telegram to Deliver xStocks Tokenized Equities to 100 Million Users — `https://cryptonews.com/press-releases/kraken-partners-with-wallet-in-telegram-to-deliver-tokenized-equities-to-100-million-users/`