MEXC Launches Real US Stock Trading, Moving Beyond | Crypto Work Pro
Crypto
exchange MEXC has began letting customers buy actual shares in US-listed corporations
and acquire any dividends on them, settling the trades within the stablecoin USDT.
The exchange mentioned the new service, referred to as RealStocks, pushes it previous the
tokenized stock merchandise that swept the industry final yr.
MEXC mentioned
late Sunday that eligible customers should buy shares in actual US corporations
by means of a licensed broker companion, with the identical market publicity and liquidity
as strange US equity markets. The company, nevertheless, didn’t title the broker.
Trades run
inside MEXC’s present crypto interface and comply with Nasdaq trading hours, the
exchange mentioned. Platform trading charges are waived during the launch period,
although MEXC famous that regulatory and exchange prices, together with SEC and FINRA
charges, nonetheless apply.
Real Shares, Not Synthetic
Tokens
The promoting
level MEXC is leaning on is possession. The company mentioned RealStocks patrons maintain
precise shares and the dividends that include them, reasonably than the sort of tokenized stock that solely tracks a price.
That
framing is a direct shot on the format that dominated crypto’s push into
equities by means of 2025. Many of these merchandise gave merchants price publicity
with out the dividends or shareholder rights connected to the underlying shares.
CEO Vugar
Usi mentioned the product lets customers “actually own world-class conventional
financial belongings within a acquainted crypto trading atmosphere,” in accordance
to the company. He tied the timing to a run
of anticipated technology IPOs in 2026, together with SpaceX.
MEXC added
the service drew more than 20,000 customers during a beta section earlier than the broader
rollout.
Crypto Exchanges Race Into
Equity Trading
MEXC is the
newest crypto venue to chase stock merchants. The race kicked off in earnest final
June, when Kraken and Bybit listed tokenized US
shares within hours
of one another below the xStocks model, constructed with Swiss issuer Backed Finance.
Others
piled in shortly. Bitget built-in xStocks alongside
Robinhood and Kraken
in July, whereas KuCoin rolled out its own tokenized
equities shortly
after. Robinhood’s model, which included tokens tied to OpenAI and SpaceX,
drew regulatory scrutiny within the European Union.
MEXC itself
already sells equity publicity by means of USDT-settled stock futures with up
to 5x leverage.
RealStocks is a completely different guess. Where the tokenized merchandise and futures offer
by-product or artificial publicity, MEXC says this one routes orders to a actual
broker and delivers actual shares, nearer to a conventional brokerage account than
to a blockchain token.
The
distinction has turn into a level of rivalry within the sector. Kraken, which owns
Backed Finance and says its xStocks have cleared $25 billion in
trades, has referred to as rivals that tokenize non-public
company shares dangerous for traders who can wrestle to sell.
The Broker and the Fine
Print
Several
particulars stay skinny. MEXC has not disclosed which licensed broker handles the
trades, how shares are custodied, or how the USDT-to-dollar conversion is
priced.
The service
can be restricted by geography. MEXC mentioned RealStocks is accessible solely in sure
jurisdictions, with entry restricted elsewhere by native law. The assertion
carried a Comoros dateline, an offshore base, and the exchange has confronted
regulatory friction earlier than.
Hong Kong’s
securities regulator positioned MEXC on a warning listing over unlicensed
exercise in 2024.
The
“0-fee” label additionally has limits. MEXC mentioned the waiver covers solely its
own platform charge, and that customers nonetheless face SEC transaction charges, FINRA
exercise charges, and clearing and exchange prices.
This article was written by Damian Chmiel at www.financemagnates.com.
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