VICTORIA, Seychelles, July 18th, 2025, Chainwire
On July 18, 2025, the main world 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 growth of multi-asset allocation capabilities.
The primary batch of supported belongings contains 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 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 building—”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 International 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 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 absolutely backed 1:1 by actual shares held in third-party regulated custodian banks, in a chapter distant construction.
- Tokens are issued beneath an authorised 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 stability 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: Via 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 answer 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 shouldn’t be solely a key extension of our world asset providing—it’s a strategic milestone in bridging conventional finance and the Web3 ecosystem. Transferring ahead, we are going to proceed increasing high quality listings and refining the person expertise, serving to buyers seize world development 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 person account safety.
With over 41 million customers throughout 200+ international locations and areas, KuCoin is dedicated to empowering the digital economic system by offering safe, modern, and compliant options tailor-made to satisfy the wants of its world neighborhood. KuCoin gives 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 companies, 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 International Unicorns” by Hurun in 2024. KuCoin has efficiently achieved SOC 2 Kind II and ISO 27001:2022 Certifications, which give a structured strategy to managing data safety, protecting features like threat administration, entry management, knowledge governance, and incident response.
In 2022, KuCoin raised over $150 million in investments via 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.
Underneath the management of its new CEO, BC Wong, KuCoin reaffirms its dedication to world development, innovation, and assembly the 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 economic 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, customers can go to https://backed.fi/
Contact
KuCoin Media Contact
[email protected]