KuCoin, one of the world’s most trusted crypto exchanges, is taking an exciting leap toward the future of investing blending the best of traditional markets with the innovation of crypto. The platform has officially announced its listing of xStocks tokenized versions of major traditional equities through a new alliance with Swiss-based company Backed.
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This isn’t just another listing. It marks a powerful step in KuCoin’s commitment to giving users access to a wider range of assets in a more flexible, accessible, and borderless way. The first batch of xStocks includes big names like Tesla (TSLAx), NVIDIA (NVDAx), MicroStrategy (MSTRx), Circle (CRCLx), and the S&P 500 ETF (SPYx). Each of these tokenized stocks is backed 1:1 by real shares held in highly secure, bankruptcy-remote accounts and all are issued on the lightning-fast Solana blockchain.
This move comes at a remarkable moment for both markets: just as NVIDIA shattered records by becoming the first public company to reach a $4 trillion valuation, Bitcoin crossed a historic $120,000. KuCoin’s xStocks launch couldn’t be more timely offering a fresh way for investors to diversify between explosive crypto assets and blue-chip equities, all from a single platform. For users across more than 200 countries, this launch means low-barrier access to US equities in USDT, no fiat conversions needed, and no jumping between apps. It’s a powerful one-account solution designed for the modern investor crypto-native or not. What makes xStocks stand out isn’t just convenience.
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It’s the transparency and trust baked into the product: Every token is backed 1:1 by real stocks, held by regulated third-party custodians. Assets are issued under an approved EU prospectus and governed by the Swiss DLT Act. Token holders have direct claims to the underlying shares.
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Chainlink-powered proof-of-reserves is coming soon, adding another layer of trust. With this new offering, KuCoin is giving users smarter ways to invest balancing risk, seizing opportunity, and building long-term wealth across market cycles. KuCoin CEO, BC Wong, summed it up best: “xStocks isn’t just another product launch it’s a big step forward in our journey to make traditional finance and Web3 work together more seamlessly for everyday investors.
We want to make sure every investor—wherever they are has the tools they need to grow with the global market. All in one place. All with confidence.” KuCoin’s next chapter is here and it’s one where crypto and traditional finance finally meet, giving investors around the world the best of both.
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