July 18th, 2025 – VICTORIA, Seychelles
On July 18, 2025, the main international cryptocurrency change KuCoin formally introduced the itemizing of xStocks and that they’re becoming a member of the xStocks alliance.
xStocks are tokenized shares powered by the 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 Belongings
On July 10, 2025, NVIDIA turned 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 international 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 prime US fairness publicity and crypto belongings.
A Actually World Asset Allocation Platform: Empowering Lengthy-Time period Person Worth
As one of the crucial internationally accessible crypto buying and selling platforms, KuCoin at the moment serves over 41 million customers throughout 200+ international locations and areas. Dedicated to consumer asset security and long-term worth creation, KuCoin continues to construct a complete, sustainable, and strong product ecosystem designed to empower international buyers.
The xStocks product line is grounded in transparency and composability, with the next structural safeguards:
- Every tokenized asset is absolutely backed 1:1 by actual shares held in third-party regulated custodian banks, in a chapter distant construction.
- Tokens are issued below an accepted 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.
Supporting Capital Flexibility through Strategic Allocation and Execution Infrastructure
The launch of xStocks enhances capital effectivity and portfolio agility for crypto-native customers, whereas additionally offering new instruments to steadiness threat and reward throughout market cycles:
- Versatile allocation, diversified publicity: Customers can tailor portfolios to their threat 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 way of KuCoin’s account, customers can effortlessly swap between tokenized shares and crypto utilizing USDT, with out fiat onramps or platform switching. A real one-account resolution for international multi-asset investing.
BC Wong, CEO of KuCoin, commented: “At KuCoin, we’re devoted to constructing a safe and reliable funding platform centered on consumer asset safety and long-term worth progress. The launch of xStocks is just not solely a key extension of our international asset providing—it’s a strategic milestone in bridging conventional finance and the Web3 ecosystem. Transferring ahead, we’ll proceed increasing high quality listings and refining the consumer expertise, serving to buyers seize international progress alternatives—multi functional account.”
About KuCoin
Based in 2017, KuCoin has established itself as one of the crucial globally acknowledged and dependable cryptocurrency platforms, constructed on a sturdy and safe basis of cutting-edge blockchain know-how, liquidity options, and enhanced consumer 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, progressive, and compliant options tailor-made to fulfill the wants of its international neighborhood. KuCoin affords 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, similar to being named amongst Forbes’ “Finest Crypto Apps & Exchanges” and one of many “Prime 50 World Unicorns” by Hurun in 2024. KuCoin has efficiently achieved SOC 2 Kind II and ISO 27001:2022 Certifications, which offer a structured strategy to managing data safety, overlaying facets like threat 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 international progress, 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 progressive xStocks line of merchandise. Backed’s merchandise are freely transferable ERC-20 and SPL tokens appropriate with Ethereum and Solana DeFi ecosystems. For extra data, customers can go to https://backed.fi/
Contact
KuCoin Media Contact
[email protected]
This content material is sponsored and needs to be thought to be promotional materials. Opinions and statements expressed herein are these of the creator and don’t replicate the opinions of The Every day Hodl. The Every day Hodl is just not a subsidiary of or owned by any ICOs, blockchain startups or corporations that publicize on our platform. Buyers ought to do their due diligence earlier than making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be suggested that your investments are at your individual threat, and any losses chances are you’ll incur are your accountability.
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