VICTORIA, Seychelles, July 18, 2025 /PRNewswire/ — KuCoin, a number one world cryptocurrency trade, formally introduced the itemizing of xStocks and its becoming a member of of the xStocks alliance. xStocks are tokenized shares powered by Swiss-based firm Backed. This launch marks a major step ahead in KuCoin’s enlargement of multi-asset allocation capabilities.
The primary batch of supported belongings consists of SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by actual shares held in safe, chapter distant collateral accounts, and issued on the Solana blockchain.
Capturing a Twin-Cycle Progress Alternative: Bridging Conventional and Crypto Property
On July 10, 2025, NVIDIA grew to become the primary publicly listed firm to surpass a $4 trillion market capitalization. Simply days later, on July 14, Bitcoin reached an all-time excessive, breaching $120,000 for the primary time.
As conventional equities and crypto belongings concurrently enter bullish territory, xStocks supply world buyers a brand new paradigm of portfolio development—”with tokenized NVIDIA in a single hand, Bitcoin on the opposite.”
As the primary USDT-denominated tokenized fairness platform accessible within the largest variety of international locations and areas, KuCoin’s itemizing of xStocks opens a low-barrier, extremely environment friendly, and clear funding gateway, empowering customers to seamlessly transfer between high US fairness publicity and crypto belongings.
A Actually World Asset Allocation Platform: Empowering Lengthy-Time period Person Worth
As some of the internationally accessible crypto buying and selling platforms, KuCoin presently serves over 41 million customers throughout 200+ international locations and areas. Dedicated to person asset security and long-term worth creation, KuCoin continues to construct a complete, sustainable, and sturdy product ecosystem designed to empower world buyers.
The xStocks product line is grounded in transparency and composability, with the next structural safeguards:
- Every tokenized asset is totally backed 1:1 by actual shares held in third-party regulated custodian banks, in a chapter distant construction.
- Tokens are issued beneath an authorized EU prospectus and tokenized following the Swiss DLT Act.
- Token holders have the first declare to the worth of any held collateral.
- Proof of Reserves, powered by Chainlink, coming quickly for xStocks.
Unlocking Better Flexibility: Smarter Allocation, Seamless Execution
The launch of xStocks enhances capital effectivity and portfolio agility for crypto-native customers, whereas additionally offering new instruments to steadiness danger and reward throughout market cycles:
- Versatile allocation, diversified publicity: Customers can tailor portfolios to their danger preferences by allocating between publicity to US ETFs, high-growth tech shares, and digital belongings—mixing conservative and aggressive methods.
- Unified buying and selling, frictionless switching: By KuCoin’s account, customers can effortlessly swap between tokenized shares and crypto utilizing USDT, with out fiat onramps or platform switching. A true one-account resolution for world multi-asset investing.
BC Wong, CEO of KuCoin, commented:
“At KuCoin, we’re devoted to constructing a safe and reliable funding platform centered on person asset safety and long-term worth development. The launch of xStocks will not be solely a key extension of our world asset providing—it’s a strategic milestone in bridging conventional finance and the Web3 ecosystem. Shifting ahead, we are going to proceed increasing high quality listings and refining the person expertise, serving to buyers seize world development alternatives—multi function account.”
About KuCoin
Based in 2017, KuCoin has established itself as some of the globally acknowledged and dependable cryptocurrency platforms, constructed on a strong and safe basis of cutting-edge blockchain know-how, liquidity options, and enhanced person account safety.
With over 41 million customers throughout 200+ international locations and areas, KuCoin is dedicated to empowering the digital financial system by offering safe, modern, and compliant options tailor-made to satisfy the wants of its world neighborhood. KuCoin presents entry to 1,000 digital belongings and a various vary of digital belongings options, together with web3 pockets, Spot buying and selling, Futures Buying and selling, institutional wealth administration providers, and funds.
KuCoin’s dedication to excellence has garnered prestigious recognitions, resembling being named amongst Forbes’ “Finest Crypto Apps & Exchanges” and one of many “High 50 World Unicorns” by Hurun in 2024. KuCoin has efficiently achieved SOC 2 Sort II and ISO 27001:2022 Certifications, which give a structured method to managing data safety, protecting features like danger administration, entry management, information governance, and incident response.
In 2022, KuCoin raised over $150 million in investments by a pre-Collection B spherical, bringing whole investments to $170 million with Spherical A mixed, at a complete valuation of $10 billion, underscoring its legitimacy and stability within the quickly evolving digital finance panorama.
Beneath the management of its new CEO, BC Wong, KuCoin reaffirms its dedication to world development, innovation, and assembly the very best requirements of safety and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to ship a safe, clear, and dependable ecosystem for customers to thrive within the digital financial system.
About Backed
Based in 2021, Backed is the main issuer of compliant tokenized equities and ETFs, together with the modern xStocks line of merchandise. Backed’s merchandise are freely transferable ERC-20 and SPL tokens suitable with Ethereum and Solana DeFi ecosystems. For extra data, please go to https://backed.fi/
Photograph – https://mma.prnewswire.com/media/2733918/image_5002362_22621614.jpg
Emblem – https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg
View authentic content material:https://www.prnewswire.co.uk/news-releases/kucoin-launches-xstocks-delivering-a-one-stop-access-point-to-top-global-tokenized-equities-for-the-worlds-most-extensive-crypto-user-base-302508706.html
Featured Picture: depositphotos @ nils ackerman
