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KuCoin, a leading cryptocurrency exchange in the global space, has announced today that it will be joining the xStocks alliance following the official listing of xStocks on its exchange on July 18.
While xStocks features as tokenized stocks powered by the Swiss-based company Backed, its launch on KuCoin marks a major milestone for the company, facilitating KuCoin’s expansion of multi-asset allocation capabilities.
Following the development, the first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA). Notably, all tokenized equities are backed 1:1 by real stocks held in secure, bankruptcy-remote collateral accounts and issued on the Solana blockchain.
Notably, xStocks offers global investors a new paradigm of portfolio construction—” with tokenized NVIDIA on one hand, Bitcoin on the other,” as traditional equities and crypto assets simultaneously enter bullish territory.
 
Kucoin positions itself as the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions. Hence, its listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to transition between top US equity exposure and crypto assets seamlessly.
While KuCoin has emerged as one of the most internationally accessible cryptocurrency trading platforms, it currently serves over 41 million users across more than 200 countries and regions.
With its robust and efficient infrastructure, Kucoin is committed to user asset safety and long-term value creation, as it continues to build a comprehensive, sustainable, and strong product ecosystem designed to empower global investors.
According to the announcement, the launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles.
Notably, it offers flexible allocation and diversified exposure, allowing users to tailor their portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets.
Furthermore, the launch will enable users to enjoy unified trading and frictionless switching, where Kucoin users can effortlessly swap between tokenized stocks and cryptocurrencies using USDT, without requiring fiat onramps or platform switching.
BC Wong, CEO of KuCoin, commented on the listing, saying;
“At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it’s a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account.”
Source: https://zycrypto.com/kucoin-announces-launch-of-xstocks-to-provide-top-global-tokenized-equities-with-a-one-stop-access-point/