Cryptocurrency trade KuCoin has launched xStocks,
a brand new product providing tokenized variations of main U.S. equities, together with
Tesla, NVIDIA, and the S&P 500 ETF. The belongings at the moment are obtainable for
buying and selling on KuCoin and are denominated in USDT.
The trade joins two different mega crypto exchanges, Kraken and Bybit, that just lately introduced their itemizing of tokenized U.S. shares.
The development represents a major step in bringing
conventional equities onto blockchain infrastructure, giving international traders
crypto-native entry to U.S. inventory market publicity.
From day one, we needed @kucoincom to be greater than only a crypto trade — a bridge between worlds. Launching @xStocksFi is an enormous milestone for us, bringing fully-backed real-world belongings into the Web3 ecosystem for our customers. That is what constructing for the long run appears to be like like. https://t.co/fDmSbWxUW9
— BC Wong (@BC_KuCoin) July 18, 2025
Kraken, Bybit, Robinhood, and Now KuCoin
Like Kraken and Bybit, KuCoin talked about that the tokenized equities are issued by a Swiss-based agency, Backed, and are backed 1:1 with actual shares held in third-party regulated custodians. The tokens are constructed
on the Solana blockchain.
NVIDIA turned the world’s first $4 trillion firm on
July 10. Simply 4 days later, Bitcoin reached an all-time excessive above $120,000. KuCoin’s launch of tokenized equities goals to permit
customers to shift between high-growth tech shares and cryptocurrencies with out
leaving the platform. The corporate highlighted the advantages of providing asset lessons inside a single account.
xStocks are going LIVEAvailable immediately on @krakenfx, @Bybit_Official and being rolled out on @solana, that is the following step for web capital markets.Actual belongings, actual worth, for actual folks. pic.twitter.com/NQ1dKEfNjD
— xStocks (@xStocksFi) June 30, 2025
The xStocks platform permits international customers to purchase and
promote tokenized equities utilizing USDT. This removes the necessity for fiat on-ramps or
third-party brokerages. In keeping with KuCoin, the platform helps seamless
switching between crypto belongings and tokenized shares from the identical interface.
World Entry and Upcoming Transparency Options
KuCoin says the product line is offered in additional
international locations than every other USDT-denominated tokenized fairness platform. The
trade at the moment serves over 41 million customers throughout greater than 200 areas.
Every xStock token offers holders a declare on the
underlying shares, with full collateral backing. KuCoin additionally introduced that
Chainlink-powered Proof of Reserves will likely be added quickly to supply on-chain
verification of asset backing.
Learn extra: Tokenized Shares Mania: Two Mega Crypto Exchanges Enter the Area Almost 2 Hours Aside
Robinhood can be deepening its push into crypto with
plans to launch tokenized inventory buying and selling and develop its personal blockchain community
on Arbitrum.
We’re gifting away the primary Non-public Firm Inventory Tokens of Open AI and Area X.Should you’re a Robinhood EU buyer and also you qualify, you at the moment are capable of declare your tokens in-app till July seventh.#RobinhoodPresents https://t.co/oX97lRQ8Vc pic.twitter.com/rkK1JKxHiC
— Robinhood EU (@RobinhoodApp_EU) June 30, 2025
Nevertheless, Robinhood’s effort to tokenize shares of
high-profile companies corresponding to OpenAI and SpaceX rapidly confronted scrutiny within the European Union. OpenAI additionally distanced itself from the providing amid a regulatory
inquiry by Lithuania’s central financial institution.
This text was written by Jared Kirui at www.financemagnates.com.
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