Not long ago, an update was released in the $TON ecosystem that truly changes the perception of the entire network. xStocks, tokenized versions of real market assets, have appeared on STONfi. In fact, it is now possible to work with assets such as Apple or Nvidia within TON without leaving the blockchain.
Each xStock is backed by Backed Finance, which means that the value of the token follows the value of the corresponding stock. At the same time, everything remains as familiar as possible for the user, no KYC is required, and no additional barriers appear. If you already have a TON wallet, you can simply use xStocks just like any other tokens on the network.
Previously, $TON was mainly associated with Telegram app tokens, games, and internal mechanics. Now, STONfi is expanding the boundaries of the ecosystem by adding access to classic markets while maintaining key decentralization and user control over assets. To me, this looks like a step towards a more mature and universal DeFi within TON.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Not long ago, an update was released in the $TON ecosystem that truly changes the perception of the entire network. xStocks, tokenized versions of real market assets, have appeared on STONfi. In fact, it is now possible to work with assets such as Apple or Nvidia within TON without leaving the blockchain.
Each xStock is backed by Backed Finance, which means that the value of the token follows the value of the corresponding stock. At the same time, everything remains as familiar as possible for the user, no KYC is required, and no additional barriers appear. If you already have a TON wallet, you can simply use xStocks just like any other tokens on the network.
Previously, $TON was mainly associated with Telegram app tokens, games, and internal mechanics. Now, STONfi is expanding the boundaries of the ecosystem by adding access to classic markets while maintaining key decentralization and user control over assets. To me, this looks like a step towards a more mature and universal DeFi within TON.