xStocks Go Live on KuCoin: Trade Tokenized Tesla, NVIDIA, and MicroStrategy with USDT
2025-07-18 10:33:50
Main Idea
KuCoin has launched xStocks, offering 1:1 tokenized versions of top equities like Tesla and NVIDIA on the Solana blockchain, enabling global crypto users to trade traditional stocks with USDT.
Key Points
1. KuCoin's xStocks provides tokenized equities and ETFs, including Tesla, NVIDIA, and S&P 500 ETF, fully backed 1:1 and issued on Solana.
2. The platform allows over 41 million users across 200+ countries to trade stocks using USDT, integrating TradFi and DeFi.
3. xStocks enables 24/7 trading, instant transactions, and seamless portfolio allocation between crypto and equities.
4. Backed, the issuer, ensures regulatory compliance under EU and Swiss laws, with Proof of Reserves via Chainlink coming soon.
5. KuCoin aims to become a multi-asset platform, offering diversified investment opportunities with tokenized equities.
Description
KuCoin has launched xStocks, offering tokenized versions of top equities like Tesla, NVIDIA, and the S&P 500 ETF. It is fully backed 1:1 and issued on the Solana blockchain. Users can now trade both crypto and traditional stocks using USDT, without fiat onramps or switching platforms. KuCoin, one of the world’s largest and most globally accessible crypto exchanges, has officially launched xStocks, a suite of tokenized equities issued by Swiss-based tokenization firm Backed . The move marks a sig...
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