Overview
- MEXC launched seven tokenized U.S. equities on March 4 in two tranches at 12:00 and 13:00 UTC, with immediate trading and withdrawals opening March 5.
- Each token represents direct ownership of the underlying stock, with holdings kept in regulated trust accounts and verified through quarterly third-party audits.
- The offerings trade as ERC-20 pairs against USDT, targeting continuous, cross-border access without position minimums or qualified investor restrictions.
- CoinCentral reports MEXC previously listed 17 ERC-20 tokenized U.S. equity pairs on February 13 with zero trading fees for the first 30 days, supported by proprietary liquidity tools for tighter spreads.
- CoinCentral reports Abu Dhabi’s FSRA cleared Ondo’s tokenized stocks and ETFs for trading on Binance’s regulated venue, a step that could broaden access for non-U.S. users under that framework.