KuCoin Launches xStocks: A Gateway to Tokenized Global Equities
On July 18, 2025, KuCoin, the renowned global cryptocurrency exchange, unveiled its latest offering, xStocks, and its partnership with the xStocks alliance. These tokenized equities are powered by Backed, a Swiss-based company. The initial lineup includes popular stocks such as SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA). These tokenized equities are fully backed by real stocks on the Solana blockchain, offering investors a novel way to access traditional assets in a crypto-friendly format.
A Dual-Cycle Opportunity
With NVIDIA recently surpassing a $4 trillion market cap and Bitcoin hitting new highs, the launch of xStocks comes at a pivotal time. This platform bridges the gap between conventional equities and crypto assets, allowing users to diversify their portfolios efficiently. By providing access to USDT-denominated tokenized equities in numerous regions, KuCoin’s xStocks listing simplifies global investment strategies, offering users seamless exposure to both US equities and cryptocurrencies.
Global Asset Allocation
As a platform serving millions of users worldwide, KuCoin prioritizes security and long-term value creation. The xStocks offering ensures transparency and security by backing each tokenized asset with real stocks held in custodian banks, complying with EU regulations and Swiss laws. Additionally, Chainlink’s Proof of Reserves will soon provide further validation for xStocks, enhancing investor confidence.
Enhanced Capital Flexibility
By introducing xStocks, KuCoin enhances capital efficiency for crypto-native investors while enabling risk management across different market cycles. Users can customize their portfolios with exposure to various assets, from US ETFs to tech stocks and digital assets, all within a single account. The platform facilitates seamless transitions between tokenized stocks and cryptocurrencies using USDT, streamlining the investment process.
Sam Boolman’s Analysis
According to Sam Boolman, ChainIntel’s lead analyst, the launch of xStocks by KuCoin represents a significant step towards merging traditional finance with the emerging Web3 ecosystem. By offering a diverse range of investment options and a user-centric experience, KuCoin is poised to capture the evolving needs of global investors, providing a secure and efficient platform for wealth creation and preservation.
About KuCoin and Backed
KuCoin, established in 2017, has solidified its position as a leading cryptocurrency exchange with a strong emphasis on security, innovation, and user experience. With a global user base exceeding 41 million, KuCoin offers access to a wide array of digital assets and cutting-edge solutions. Backed, founded in 2021, is a pioneer in tokenized equities and ETFs, including the innovative xStocks product line.
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