Can New York Democrats even DELAY the energy crisis their laws are creating?

Some Democrats in Albany may be starting to see the risks of New York’s “climate action” laws, but will enough agree to even delay what some call a “suicide pact”? Governor Kathy Hochul says she wants to “review all our options,” including making changes to the state’s 2019 Climate Leadership and Community Protection Act (CLCPA). This law set ambitious mandates to slash greenhouse-gas emissions—mandates critics say are budget-busting and unrealistic.

Some Assembly Democrats who once denied that Hochul was banning gas stoves now admit that’s exactly what she’s doing, and they are demanding a delay to the ban. However, convincing the progressive majority in the Legislature to roll back the law will be tough. Climate change remains a top priority on the left, especially among donors and college-educated voters.

Watch New Jersey closely, where voter anger over soaring electric costs could propel Republican Jack Ciattarelli to the governor’s mansion. Even a close race there may open eyes in Albany. Rising utility bills and the threat of blackouts are already becoming major issues in New York, and Hochul plans to make “affordability” a centerpiece of her 2026 reelection campaign.

“My job is to ensure we have enough power to keep the lights on, keep rates affordable, and attract major economic development projects,” Hochul said after a judge ordered her Department of Environmental Conservation to issue rules ensuring the state meets the 2019 law’s emissions goals.

In other words, she wants to override—or at least ignore—the clear letter of the law, even if she doesn’t explicitly call its mandates into question. “We plan to review all our options, including working with the Legislature to modify the CLCPA,” Hochul said, emphasizing the need “to protect New Yorkers from higher costs.”

Under the CLCPA, New York must cut CO2 emissions by 40% by 2030 and by 85% by 2050. The law also required that rules to achieve those goals be enacted by January 1, 2024. Yet here we are, nearly two years later, and those rules have still not materialized. In effect, Hochul is ignoring the law.

Meanwhile, Assemblyman William Conrad (D-West New York) reports that the state’s no-gas mandate—set to take effect at the end of the year—has already increased construction costs. This threatens affordable housing projects and raises concerns about potential winter blackouts.

Even more troubling, the state’s Climate Action Plan mandates closing natural-gas power plants and replacing them with more expensive, less reliable solar and offshore wind installations—many of which are struggling to get off the ground.

The New York Independent System Operator (NYISO), which runs the state’s electric grid, alongside the New York Affordable Clean Power Alliance, a solar-industry group, warn that the shift to solar and wind poses serious threats to reliable power, particularly in the Hudson Valley, Long Island, and New York City.

How will Governor Hochul prevent blackouts and keep costs down as the power supply tightens? Especially as NYISO notes growing electricity demands from cryptocurrency mining, data centers, and all the “green” mandates requiring electricity for heating, cooking, and vehicles?

The idea that New York can build enough solar and wind power infrastructure in time to meet these mandates was always a long shot—a charade aimed at pleasing climate activists. Yet it is the state’s legal obligation.

As legal deadlines approach or pass without the state fulfilling them, the truth becomes clearer: Making “net-zero carbon emissions” a top priority is not only unrealistic, it is also expensive, risky, and, some argue, misguided.

How many court orders can the governor defy? Can she convince the Legislature to amend the laws and ease the pressure from the courts?

Politicians like Hochul may only focus on timing. The 2026 gas mandates kick in just as reelection campaigns begin. “Don’t bring things to a grinding halt,” suggests Assemblyman John McDonald (D-Rensselaer). Instead, “slow down a little bit and put a temporary pause in there.”

Translation: Wait until after reelection before hitting New Yorkers with higher bills and blackouts. Remember how Hochul delayed congestion pricing until after the 2024 elections?

But reality won’t change after the election. Albany should scrap these mandates entirely and focus on economic growth. Yet Hochul seems likely to push only for delays, and progressives might not even agree to that much. Forget about the bold moves New York truly needs, like opening the state to fracking.

As long as Democrats dominate, it’s hard to see New York having reliable electric power anytime soon—let alone power that is affordable.
https://nypost.com/2025/11/01/opinion/albany-may-move-to-delay-its-insane-climate-laws-but-far-better-to-scrap-it-altogether/

SNAP benefits to expire as judges order White House to fund program

Federal food assistance programs, such as SNAP benefits, are set to expire this Saturday as lawmakers remain at odds over government funding. The potential lapse has raised concerns about how millions of Americans will continue to access vital nutritional support.

Despite the impending expiration, some judges have ordered the Trump administration to continue funding the program. These court rulings aim to ensure that beneficiaries do not face immediate disruptions while the political impasse persists.

As discussions continue in Congress, the future of food assistance programs remains uncertain, highlighting the critical need for a resolution to support vulnerable populations across the country.
https://www.cbsnews.com/video/snap-benefits-to-expire-as-judges-order-white-house-to-fund-program/

Trump touts ‘12 out of 10’ meeting with Xi, downplays reports of Venezuela strikes

President Donald Trump met with Chinese President Xi Jinping in South Korea, where the two leaders reached an important agreement to reduce tariffs by 10%.

President Trump explained that this decision was influenced by China’s commitment to assist in addressing the fentanyl crisis. He emphasized the significance of international cooperation in tackling this urgent issue.

The agreement marks a notable step in U.S.-China relations, highlighting collaboration on both economic and security fronts.
https://www.foxnews.com/politics/trump-touts-12-out-10-meeting-xi-downplays-reports-venezuela-strikes

Bitcoin ATMs Under Fire: How Scammers Steal Millions From Victims

**Federal Prosecutors Warn Bitcoin ATMs Facilitate Widespread Cryptocurrency Scams**

Federal prosecutors have raised concerns about Bitcoin ATMs being used to facilitate widespread cryptocurrency scams across the United States. Washington, D.C., Attorney General Brian Schwalb has revealed that these machines have enabled scammers to steal millions of dollars from victims, with elderly individuals being the primary targets.

### Rising Scam Reports Linked to Bitcoin ATMs

Across multiple counties in the U.S., reports of cryptocurrency fraud cases involving Bitcoin ATMs are on the rise. Scammers often exploit vulnerable older adults through fear tactics, such as falsely claiming that relatives are facing arrest or that victims owe penalties for missing jury duty. These criminals then demand payment in Bitcoin and direct victims to nearby Bitcoin ATMs to complete the transactions.

The effectiveness of these scams lies in the sense of panic and urgency created by the perpetrators. Victims feel compelled to act quickly without verifying the authenticity of the claims.

### A Victim’s Story: Maryland Retiree Loses Life Savings

Maryland retiree Diane Reynolds is one such victim of a Bitcoin ATM scam. She received an online message warning that access to her computer had been blocked and advising her against turning it on or off. Following instructions, Reynolds called a provided phone number supposedly for tech support, but instead reached a scammer.

The scammer claimed hackers had accessed her bank accounts and insisted she must convert her money to Bitcoin immediately. Under pressure, Reynolds withdrew her entire bank balance of approximately $13,100. The scammers directed her to use a Bitcoin ATM at a local gas station operated by Athena Bitcoin, a company running over 4,000 Bitcoin ATM terminals across multiple states.

### Concerns Over Bitcoin ATM Operators

Attorney General Schwalb notes that Reynolds’ case is just one of many similar incidents nationwide. These schemes have become increasingly common in recent months, with Bitcoin ATMs serving as tools scammers use to defraud people.

“Bitcoin ATMs are a tool that scammers, that criminals, are using to separate people,” Schwalb said. He added that while operators are aware of these criminal activities, they often fail to put sufficient measures in place to prevent fraud.

Additionally, Bitcoin ATM operators profit from each transaction through substantial fees, even when deposits result from fraudulent activity. This financial incentive, Schwalb argues, undermines efforts to combat fraud.

### Legal Action Against Athena Bitcoin

In September, Schwalb filed a lawsuit against Athena Bitcoin, alleging that the company charged undisclosed transaction fees and failed to implement adequate anti-fraud measures. These legal actions aim to hold Bitcoin ATM operators accountable for enabling theft through their systems.

### Company Response and Defense

Athena Bitcoin strongly denies the allegations. According to company representatives, their Bitcoin ATMs include multiple fraud prevention features designed to protect customers.

“Our kiosks employ multiple safeguards, from prominent warnings and daily transaction limits to five separate verification screens designed to prevent coerced transactions,” the company stated. Athena Bitcoin plans to vigorously defend itself against the charges in upcoming court proceedings.

### Victim’s Legal Pursuit

Diane Reynolds has also initiated legal action against Athena Bitcoin. Her attorney, Vaught Stewart, contends that the company knowingly allowed fraud to occur and profited from the transaction despite clear warning signs of criminal activity.

As cryptocurrency scams continue to evolve, authorities urge the public—especially the elderly—to remain vigilant when approached with urgent demands for Bitcoin payments via ATMs. Awareness and verification remain key tools in preventing financial loss from such fraudulent schemes.
https://coincentral.com/bitcoin-atms-under-fire-how-scammers-steal-millions-from-victims/

Zac Efron & Jeremy Allen White’s Acclaimed Sports Biopic Coming to Prime Video

Zac Efron and Jeremy Allen White’s critically acclaimed biographical sports drama, *The Iron Claw*, is set to arrive soon for streaming on Prime Video. The film is based on the true story of the professional wrestling Von Erich family and features a talented cast including Lily James, Harris Dickinson, Holt McCallany, and more.

*The Iron Claw* will be available on Prime Video starting November 19, 2025. Produced by A24, the movie originally premiered on December 22, 2023. Written and directed by Sean Durkin, the film became a box office success, grossing over $45 million against a reported budget of approximately $16 million during its theatrical run.

In addition to its financial success, *The Iron Claw* received strong critical acclaim. On Rotten Tomatoes, the film holds an impressive 89% on the Tomatometer and 94% on the Popcornmeter, reflecting widespread praise from critics and audiences alike.

When asked about the film’s positive reception in January 2024, Zac Efron told Deadline, “I’m just overwhelmingly grateful for this whole experience. It’s rekindled a fire in me, and really, it just makes me feel incredibly grateful.”

Efron also shared insights about the physical transformation required for his role. He described the training process as grueling but fascinating, adding that he enjoys undergoing physical transformations for his characters. “I found the dedication fascinating and special,” he said. Efron likened his preparation to training for a championship belt match, noting, “I shed a skin somewhere in those seven months where Kevin was really at the wheel.”

Fans of sports dramas and real-life stories won’t want to miss *The Iron Claw* when it arrives on Prime Video this November.
https://www.comingsoon.net/movies/news/2053180-the-iron-claw-prime-video-zac-efron-jeremy-allen-white

When my 2 kids moved out for college, I felt so lost. Here’s how I stay connected with them.

After wiping my tears on the drive home and adjusting to the quiet of my house, I was surprised by what lingered. Naturally, I missed my kids when they left for college, but I couldn’t shake the feeling of helplessness. My two oldest children are now away at college, and my youngest is preparing to leave the nest in a year.

Now, there’s nothing for me to do. They no longer need me in the same way they once did, and finding my place has been challenging. I answer calls and texts, but I want to feel a sense of closeness to them. There’s a fine line between connecting and hovering. Thankfully, I know showing up at their door unannounced isn’t the best idea—at least not if I want to maintain a relationship.

But how can I let them know how loved they are without hovering over them? And how could I overcome the restless, helpless feeling that lingers?

### It All Started with a Food Delivery Gone Wrong

I sent my daughter cookies through the mail. For my oldest daughter, I was beside myself that she wouldn’t be home for our traditional First Day of School Cookies. Her brother and sister would be here, but she would miss out. I quickly got to work baking and packaging cookies to send express mail to her at school. She would love it, I thought. I eagerly awaited her heartfelt reaction.

The only problem was that the cookies took a roundabout route across the country. They arrived a week late and were a crumbled, stale mess by the time she got them. Lesson learned.

### Food is Always a Welcome Delivery for My College Kids

Now, I send food more reliably and save the homemade cookies for when my kids are home. That’s why I go to the professionals. Having a company send treats is a much better way to ensure my kids get something delicious.

I now send Bang Cookies, and my college kids love them. Whether it’s cookies, ice cream, or even a full meal, I’ve found great options online. A surprise local delivery is also a fun option. I’ve sent a pizza or other treats from someplace near their school, which is an appreciated boost for late-night studying or just hanging out with friends.

### Sometimes I Send the Necessities

While the surprise food treats are fun, sometimes a box of necessities is a welcome delivery. Sites like Amazon, Walmart, and Target make it easy to send essentials.

This isn’t about curated, Instagram-worthy care packages. This is a quick and easy “Add-to-Cart” package that ships directly to my students. The things I send are usually an eclectic mix: beef jerky, hair products, extra pens and notebooks, and laundry detergent. I always add a favorite candy or beverage.

These packages remind them that I love them in practical ways, even when they’re far from home. Plus, it helps me feel like I can still take care of them a little bit without having to swoop in.

### The Most Important Thing I Do Is Send Encouraging Messages

I have to resist texting my kids too much. This is a time for them to grow into their independence, after all. However, that doesn’t mean I can’t reach out occasionally.

Instead of waiting for long video chats where they tell me everything about their day, I send random encouraging texts with zero expectations. The lack of expectation is the key to this working. These texts aren’t bait to hook them into a long back-and-forth. They are simple statements that come to mind when I think of them, but not every single day. That would definitely fall in the hovering category.

Instead, I send a random “I’m proud of you” or “Good night.” Texts like these go a long way, even if my kids don’t show it. I can remind them how loved they are, and that they always have family to support them.

It’s a simple thing that makes me feel connected to my college kids without overwhelming them.
https://www.businessinsider.com/parenting-how-i-stay-connected-college-kids-2025-11

XRP ETF Countdown: Bitwise Inches Closer to Approval as SEC Review Nears End

After years of anticipation, XRP may finally be on the verge of gaining its first U.S. exchange-traded fund (ETF). Asset management powerhouse Bitwise, which oversees more than $15 billion in digital and traditional assets, has filed a new amendment to its XRP ETF application—an update that market watchers believe could signal the finish line for regulatory approval.

The latest submission, Amendment No. 4, filed with the U.S. Securities and Exchange Commission (SEC), includes key final details often added just before an ETF is cleared for launch. Among them, Bitwise revealed that its proposed XRP fund will be listed on the New York Stock Exchange (NYSE) and carry a management fee of 0.34%. Industry observers point out that these additions usually mark the final step before the SEC’s green light.

### Analysts Hint at a 20-Day Launch Window

Several ETF analysts interpret Bitwise’s filing as a strong sign that approval may arrive within weeks rather than months. Bloomberg Intelligence’s Eric Balchunas noted that specifying both the fee and exchange typically means “all the boxes have been checked.” His colleague James Seyffart went further, suggesting that the revised wording in Bitwise’s filing could enable trading to begin within 20 days, provided no last-minute regulatory hurdles arise.

Bitwise isn’t alone in the race. Competitors including VanEck, Fidelity, and Canary Funds have also recently refreshed their XRP ETF filings, each seeking to secure an early-mover advantage in what could become a landmark moment for the digital asset.

Canary Funds, for instance, removed a key procedural delay from its own submission—an adjustment that may allow its product to go live as soon as mid-November if the Nasdaq grants final clearance.

### Why XRP’s ETF Matters

An XRP ETF would be a turning point for both the token and the broader crypto market. Unlike derivatives-based products, a spot ETF holds the actual digital asset, allowing investors to gain exposure to XRP’s price movements without directly owning it. Such a product could open the doors for institutional investors—hedge funds, pension funds, and wealth managers—to access XRP through traditional brokerage accounts.

XRP’s inclusion in the ETF landscape would also mark the first time the SEC has permitted a spot fund for the cryptocurrency, following its earlier battles with Ripple over the classification of XRP as a security. That legal fight, partially resolved in 2023, cleared the path for regulatory reassessment and helped restore institutional interest in the token.

### Market Reacts to Bitwise’s Filing

News of Bitwise’s filing sparked renewed optimism among traders, with XRP’s price edging up to around $2.51. The token has maintained a steady uptrend since early October, driven by speculation that an ETF could supercharge demand.

Analysts caution, however, that the price remains capped near the $2.75 resistance zone—a level that has repeatedly rejected bullish attempts since the start of Q4. If buyers manage to push past that threshold, XRP could retest the $3 psychological barrier, a move that would bring it close to its 2018 all-time high.

Conversely, if momentum fades, analysts expect a short-term correction toward the $2 support range, which coincides with the lower boundary of its long-term ascending channel.

### The Bigger Picture

The XRP ETF race underscores how rapidly traditional finance is embracing digital assets, following the explosive success of Bitcoin and Ethereum ETFs earlier in the year. A U.S.-listed XRP ETF could strengthen the token’s legitimacy among mainstream investors and deepen liquidity in global markets.

With several filings now in their final stages, the next few weeks could determine which issuer—Bitwise, Fidelity, or VanEck—will be the first to make XRP accessible on Wall Street. If Bitwise’s prediction holds, the approval could arrive before the end of November, ushering in a new era for XRP and potentially igniting the next wave of institutional adoption in crypto.

*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

**Author**
Alex, Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
https://coindoo.com/xrp-etf-countdown-bitwise-inches-closer-to-approval-as-sec-review-nears-end/

Ultra-Luxury Breakaway: Why the 1% Travel Market Has Become Its Own Universe

**Industry Insights: 4 Questions With Wunderkind**

With digital privacy tightening, identity resolution is becoming essential for travel marketers. Wunderkind’s Ronen Kadosh explains how smarter data strategies can help brands drive direct bookings and build lasting loyalty.

**Full Video: India and China Are Defining the Next Era of Outbound Travel**

Indian and Chinese travelers are rewriting the rules of how travel is discovered, booked, and experienced. For destinations, adapting to these markets means more than translation. It requires rethinking payments, safety, personalization, and platform partnerships from the ground up.

**Full Video: Abu Dhabi’s $7 Billion Bet on Tourism Growth**

By fusing culture with cutting-edge infrastructure and a people-first strategy, Abu Dhabi is setting a new regional standard for how to grow tourism sustainably, inclusively, and ambitiously.

**Full Video: Almosafer CEO on the Future of AI-Driven Travel in the Middle East**

Almosafer wants to prove that it can move AI from buzzword to operating system. With widespread internal adoption and regional momentum, the Middle East’s biggest travel company is setting the standard for how AI can scale across every layer of the travel business.
https://skift.com/2025/11/01/ultra-luxury-breakaway-why-the-1-travel-market-has-become-its-own-universe/

Dodgers force Game 7 in World Series by holding off Blue Jays 3-1

A two-run lead was starting to slip away from the Los Angeles Dodgers in the ninth inning, along with their chance to force the World Series to Game 7. And then Kiké Hernández turned what might have been a tying, two-run single by Andrés Giménez into the first game-ending left field-to-second base double play in postseason history.

“The crazy thing is I had no idea where the ball was because it was in the lights the whole time,” Hernández said after preserving a 3-1 win over the Toronto Blue Jays in Game 6 on Friday night.

Instead of getting a World Series-winning, three-run homer like the one Joe Carter hit off Philadelphia’s Mitch Williams to capture the title in Game 6 in 1993, the Blue Jays were pushed to Game 7. The Dodgers kept alive their chance to become the first repeat champion since the 1998-2000 New York Yankees.

Max Scherzer will start Game 7 for Toronto against a Dodgers pitcher still to be determined—perhaps two-way star Shohei Ohtani, perhaps Tyler Glasnow. The October Classic will end in November for the 10th time.

“It’s the two best words in sports: Game 7,” Toronto manager John Schneider said.

Yoshinobu Yamamoto beat Toronto for the second time in a week by allowing one run in six innings. Slumping Mookie Betts hit a two-run single in a three-run third against Kevin Gausman that included Will Smith’s go-ahead double.

George Springer, back after missing two games with a sore right side, hit an RBI single in the bottom half, and the Dodgers held that 3-1 lead going to the ninth.

Roki Sasaki hit Alejandro Kirk on the left wrist with an 0-2 splitter leading off, and Addison Barger followed with a drive that landed at the base of the left-center wall. In a seldom-seen rarity, the ball lodged there instead of caroming back into play.

Both runners crossed the plate as many in the Rogers Centre crowd initially thought Toronto had tied the game, but the rule book is clear that a ball lodged in a fence is a ground-rule double. The runners were placed at second and third, and Dodgers manager Dave Roberts brought in Glasnow, who was lined up to start Game 7 on normal rest.

“I just felt that Roki wasn’t as sharp, and I just felt we needed some swing-and-miss and Glasnow was the guy. So I had him loose, kind of looming,” Roberts said.

Glasnow escaped with just three pitches, earning the first save of the Series. Ernie Clement popped up his initial offering to first base. Giménez took a ball and then hit the next 247 feet to the opposite field, in short left.

Hernández said he decided to play more shallow than the Dodgers’ scouting card called for. He ran 52 feet and, while on the run, made a catch that had only a 40% probability, then delivered a one-hop throw to second baseman Miguel Rojas that doubled up Barger.

“For a split second as Glasnow threw the ball, the crowd got quiet and I was able to hear that the bat broke,” Hernández said. “So I just got a really good jump on the ball and I came in and halfway there, the ball got in the lights. And I was just like, not the right time to stop to see where the ball is, just keep going.

“It’s going to hit me in the face but I’m not stopping,” Hernández remembered thinking. “I’m not pulling up. And at the very end, the ball came out of the lights and went into my glove.”

Barger had gotten about halfway to third before scrambling back, and he reached second base too late with his headfirst slide.

“I was being too aggressive, trying to score, try to tie that game if that ball drops,” Barger said.

Even after the umpire signaled out, players had to wait 60 seconds for the call to be upheld by the replay room in New York.

Rojas had been inserted into the lineup for his first start since Oct. 6 in an effort by Roberts to spark the Dodgers’ offense, which is batting .191 after winning with just four hits.

“Pretty epic ending there,” Rojas said.

Yamamoto was not quite as sharp as in his Game 2 four-hitter, the first World Series complete game in a decade. Rookie reliever Justin Wrobleski struck out Giménez to strand a runner at second in the seventh, and Sasaki got out of a two-on, one-out jam in the eighth when Bo Bichette fouled out and Daulton Varsho grounded out.

Then came the first game-ending double play in World Series history in which an outfielder had a putout or assist, according to the Elias Sports Bureau.

“Man, we live for Game 7, so here we go,” Roberts said.

Yamamoto, winner of three MVP awards in Japan, improved to 4-1 with a 1.56 ERA in five postseason starts and has a 1.20 ERA in his two Series outings.

Tommy Edman doubled with one out in the third for the Dodgers’ first hit. Ohtani was intentionally walked for the fifth time in the Series, and Smith hit an RBI double off the left-field wall on a high splitter.

Freddie Freeman walked, bringing up Betts. With Los Angeles seeking its third title in six seasons, Roberts dropped the slumping Betts from second to third in the batting order in Game 5 and then to fourth in Game 6 — the lowest Betts had hit since 2017.

Betts fell behind 1-2 in the count, fouled off two pitches, and laced Gausman’s third straight fastball between shortstop and third for a 3-0 lead. That ended an 0-for-13 stretch with the bases loaded for the Dodgers that dated to the Division Series.

“He could hit me seventh, I don’t care. I just want to win,” said Betts, already a three-time champion. “Whatever we do, however we get there, I’ll jump on whoever’s back to go. We all get a ring, that’s all I care about.”

Up next, Scherzer and Glasnow started Game 3, won by the Dodgers 6-5 in 18 innings.

A 41-year-old right-hander, Scherzer will become the fourth pitcher to start multiple World Series winner-take-all Game 7s after Bob Gibson (1964, ’67, ’68), Lew Burdette and Don Larsen (both 1957 and ’58).

Scherzer allowed two runs over five innings for Washington against Houston in 2019, and the Nationals rallied for a 6-2 win.
https://www.wptv.com/sports/dodgers-force-game-7-in-world-series-by-holding-off-blue-jays-3-1

Telegram Joins $1T Tokenized Equities Race With 60+ Listed Stocks and ETFs

**Telegram Enters the Tokenized Equities Market Amid $35 Billion Tokenized Asset Boom**

In a rapidly growing $35 billion market for tokenized assets, equities are emerging as the next major frontier. What began as an experiment on niche blockchains has now evolved into a full-fledged race among major exchanges and Web3 platforms. From Gemini’s early pilots in tokenized securities to blockchain networks like BNB Chain and Solana expanding their Real-World Asset (RWA) ecosystems, the movement toward on-chain equities is gaining significant momentum.

Now, one of the world’s largest messaging apps, Telegram, is joining the competition, signaling the sector’s shift towards mainstream consumer products.

### Wallet in Telegram Launches Tokenized Equities

Earlier this month, Irena Takina, Chief Growth Officer of Wallet in Telegram, announced the company’s entry into the organized equities market. On October 1st, Telegram revealed its partnership with Kraken and Backed Finance AG to offer tokenized stocks and ETFs directly through the app’s built-in wallet.

Less than four weeks later, on October 27th, Telegram officially launched trading for over 60 tokenized stocks and ETFs for millions of users.

Telegram describes this rollout as a full launch rather than a pilot, marking one of the fastest go-to-market timelines in the tokenization sector — “from idea to general availability in just a few weeks,” as Takina put it.

The new feature enables users to purchase fractional shares of major global equities starting from as little as $1 — a stark contrast to the minimum ticket sizes typical of traditional brokerage accounts. All transactions occur inside Wallet in Telegram, the app’s built-in crypto and payments layer based on The Open Network (TON) blockchain.

For users, investing now becomes as simple as sending a message or sticker — an interface Telegram hopes will make finance as intuitive as chatting.

### Race for the 1% Share of the Stock Market

Telegram’s entry into tokenized equities sends a bullish signal for the sector, but the road ahead remains long and challenging.

According to the latest Block of Fame report, the total value of tokenized stocks on-chain currently stands at just $686.9 million — a mere 0.0007% of the global equity market.

Despite this modest figure, the report has ignited a race among Web3 startups and legacy fintech firms alike, all aiming to capture even 1% of the world’s estimated $100 trillion stock market through blockchain infrastructure.

### Expanding Ecosystems and Strategic Partnerships

In parallel developments, Ondo Finance has named Chainlink as its official oracle provider for tokenized stocks and exchange-traded funds (ETFs). Chainlink will supply custom price feeds for more than 100 tokenized equities on Ondo’s platform, including U.S.-listed stocks and ETFs. This collaboration aims to enhance the reliability and movement of financial data across blockchain networks.

Furthermore, the platform has expanded to BNB Chain with the launch of tokenized equities by PancakeSwap, further broadening access to on-chain investment products.

As Telegram and other major players innovate rapidly in this space, the tokenized equities market is poised for accelerated growth, gradually bridging traditional finance with the decentralized world.

*Also Read: [Can the TRUMP Memecoin Power Startup Fundraising?](#)*
https://bitcoinethereumnews.com/tech/telegram-joins-1t-tokenized-equities-race-with-60-listed-stocks-and-etfs/?utm_source=rss&utm_medium=rss&utm_campaign=telegram-joins-1t-tokenized-equities-race-with-60-listed-stocks-and-etfs