Telegram Wallet Launches SK Hynix Tokenized Shares Following $26.5 Billion ADR Listing

SK Hynix-0.27%
SKHYV-0.98%
According to company statements, SK Hynix tokenized shares became available on Wallet in Telegram on Friday through xStocks, following the South Korean chipmaker's $26.5 billion U.S. share sale via American Depositary Receipts. The ADRs, trading under ticker SKHYV on Nasdaq, saw demand seven times greater than available shares. Wallet in Telegram, with over 150 million registered users, offers retail investors access to the oversubscribed listing through its native crypto wallet embedded in Telegram's messaging platform.
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