Kazakhstan · WMT
If you live in Kazakhstan and want exposure to Walmart Inc. (WMT), you no longer need a US brokerage account. Through tokenized stocks on GM Markets, investors in Kazakhstan can buy WMT backed 1:1 by real shares, funded with stablecoins, from just $1. As of the latest update, WMT trades around $112.31 (about KZT 52,844 at recent exchange rates). This guide covers how it works, what it costs, the risks to weigh, and what Kazakhstan investors specifically should know.
About the company
Walmart operates a global chain of discount stores, supercenters, and warehouse clubs, complemented by a growing e-commerce and digital marketplace business. It earns most of its revenue from retail sales of groceries and general merchandise, supplemented by newer streams such as advertising, membership fees, and marketplace services.
The bull case
Investors bullish on Walmart point to its enormous scale and purchasing power, its everyday-low-price positioning, expanding e-commerce and advertising businesses, and its grocery strength that draws frequent shopper visits.
Key risks
Walmart operates on thin retail margins and is exposed to consumer spending shifts, wage and cost inflation, intense competition from other retailers and online rivals, and execution risk in scaling higher-margin ventures.
For Kazakhstan investors
Investors in Kazakhstan have generally accessed US equities through local brokers, international brokerage accounts, or the AIFC ecosystem, contending with tenge conversion, custody arrangements, and cross-border transfer paperwork. Tokenized US stocks give direct 1:1 exposure to the underlying share, self-custodied and startable from about $1.
Compare your options
How tokenized assets compare with the traditional routes a non-US investor would otherwise use.
| Route to WMT | Minimum | You fund with | Who holds it | From Kazakhstan |
|---|---|---|---|---|
| Tokenized on GM Markets | From $1 | Stablecoins (USDC) | Your own wallet | Open to Kazakhstan |
| Local stockbroker | Often a whole share | KZT | Broker holds | Limited US coverage |
| International broker | Often hundreds of USD | KZT converted to USD | Broker holds | Varies, may gate residents |
| ADR or local listing | Whole-share price | KZT | Broker holds | Only some US stocks |
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find WMT
Search for Walmart Inc. (WMT) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your WMT token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to WMT.
Funding
FAQ
Nearby
See the full Walmart Inc. guide or trending stocks in Kazakhstan.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
