Cryptocurrency exchange MEXC has begun allowing users to buy real shares in US-listed companies, collect any dividends on them, and settle trades in the stablecoin USDT. The exchange said the new service, called RealStocks, pushes it beyond the token stock products that swept the industry last year.
Eligible users can buy shares in real U.S. companies through a licensed broker partner, with the same market exposure and liquidity as regular U.S. stock markets, MEXC said late Sunday. However, the company did not mention the name of the broker.
The exchange said trades take place within MEXC’s existing cryptocurrency interface and follow Nasdaq’s trading hours. Trading fees on the platform are waived during the launch period, although MEXC noted that regulatory fees and exchange Fees, including SEC and FINRA fees, still apply.
Real stocks, not synthetic tokens
The selling point that MEXC relies on is ownership. Buyers of RealStocks own actual shares and the dividends that come with them, not the type of shares, the company said Premium shares Which only tracks price.
This framing is a direct take on the format that dominated the crypto-to-stock push through 2025. Many of these products gave traders price exposure without the dividends or equity attached to the underlying shares.
Vugar CEO Usi said the product allows users to “own world-class traditional financial assets within a familiar cryptocurrency trading environment,” according to the company. He linked the timing to a Running expected technology IPOs in 2026, including SpaceX.
MEXC added that the service attracted more than 20,000 users during the pilot phase before being rolled out more widely.
Cryptocurrency exchanges are racing towards stock trading
MEXC is the latest crypto venue for stock traders to chase. The race began in earnest last June, when… Kraken and Bybit have listed US stock tokens Within hours of each other under the xStocks brand, created in collaboration with the Swiss fund-backed issuer.
Others piled up quickly. Bitget has integrated xStocks alongside Robinhood and Kraken
In July, while… KuCoin has floated its own token shares Soon after. Robinhood’s version, which includes tokens linked to OpenAI and SpaceX, has come under regulatory scrutiny in the European Union.
MEXC itself already sells exposure to the stock through… USDT-settled stock futures with up to 5x leverage. RealStocks is a different bet. When token and futures products offer derivative or synthetic exposure, MEXC says that product routes orders to a real broker and offers real shares, closer to a traditional brokerage account than to a traditional brokerage account. blockchain Token.
Discrimination has become a point of contention in this sector. Kraken, which owns Backed Finance and says it… xStocks liquidated $25 billion worth of tradeshe has Describe competitors who tokenize private company stocks as too risky for investors Who can struggle to sell.
Medium and fine print
Many details are still thin. MEXC did not disclose which licensed broker handles the trades, how the shares are held, or how the USDT-to-dollar conversion is priced.
The service is also limited by geography. MEXC said RealStocks is only available in certain jurisdictions, with access elsewhere restricted by local law. The statement included a timeline for Comoros and an offshore base, and the stock exchange has faced regulatory friction before.
The Hong Kong Securities Regulatory Authority has placed MEXC on A Warning list regarding unlicensed activity In 2024.
The “0-fee” designation also has limitations. MEXC said the waiver only covers its platform fees, and that users still face SEC transaction fees, FINRA activity fees, and clearing and exchange costs.
This article was written by Damian Schmil at www.financemagnates.com.
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