Cryptocurrency exchange MEXC has started allowing users to buy real shares of US-listed companies, collect their dividends and settle trades with stablecoins. $USDT. The exchange said the new service, called RealStocks, will overtake the tokenized stock products that dominated the industry last year.
MEXC announced late Sunday that eligible users will be able to purchase shares of genuine U.S. companies through licensed broker partners with the same market exposure and liquidity as the regular U.S. stock market. However, the company did not disclose the name of the intermediary.
The exchange said trades will take place within MEXC’s existing crypto interface and will follow Nasdaq trading hours. Platform trading fees will be waived during the launch period, but MEXC will be subject to regulatory and exchange exchange Exchanges are known as markets that support the trading of derivatives, commodities, securities, and other financial instruments. Exchanges are generally accessible via digital platforms or, in some cases, from a specific address where investors organize to conduct trades. One of the exchange’s primary responsibilities is to maintain honest and fair trading practices. These help ensure that the security rate allocation supported by that exchange is effective. Exchanges are known as markets that support the trading of derivatives, commodities, securities, and other financial instruments. Exchanges are generally accessible via digital platforms or, in some cases, from a specific address where investors organize to conduct trades. One of the exchange’s primary responsibilities is to maintain honest and fair trading practices. These help ensure that the security rate allocation supported by that exchange is effective. read this term Fees, including SEC and FINRA fees, will still apply.
Real stocks, not synthetic tokens
MEXC’s main selling point is ownership. The company says buyers of RealStocks own actual stocks and their associated dividends, rather than just tokenized shares that track prices.
This framework is a direct take on the format that dominated the push of cryptocurrencies into equities until 2025. Many of those products gave traders price exposure without the dividends or shareholder rights associated with the underlying stock.
According to the company, CEO Vugar Usi said the product “allows users to truly own world-class traditional financial assets within a familiar crypto trading environment.” He tied the timing to a series of technology IPOs expected in 2026, including SpaceX.
MEXC added that the service has attracted more than 20,000 users in its beta phase before widespread rollout.
Virtual currency exchange enters stock trading
MEXC is the latest cryptocurrency exchange to follow stock traders. The race began in earnest last June, when Kraken and Bybit listed tokenized U.S. stocks within hours of each other under the xStocks brand, which they built with Swiss issuer Backed Finance.
Others quickly gathered as well. Bitget integrated xStocks with Robinhood and Kraken in July, and KuCoin rolled out its own tokenized stock soon after. Robinhood’s version includes tokens tied to OpenAI and SpaceX and has come under regulatory scrutiny in the European Union.
MEXC itself already sells equity exposure in the following ways: $USDT-Settle stock futures with up to 5x leverage. RealStocks is a different bet. Where tokenized products and futures offer derivative or synthetic exposure, MEXC says the transaction routes orders to a real broker, delivers real shares, and is more similar to a traditional brokerage account than a brokerage account. blockchain blockchain A blockchain consists of a digital network of blocks with a comprehensive ledger of transactions made in cryptocurrencies such as Bitcoin and other altcoins. One of the distinctive features of blockchain is that it is maintained across multiple computers. Ledgers can be public or private (permissioned). In this sense, blockchain is immune to data manipulation, making it not only open but also verifiable. Because blockchain is stored on a network of computers, it is extremely difficult to tamper with it. A blockchain consists of a digital network of blocks with a comprehensive ledger of transactions made in cryptocurrencies such as Bitcoin and other altcoins. One of the distinctive features of blockchain is that it is maintained across multiple computers. Ledgers can be public or private (permissioned). In this sense, blockchain is immune to data manipulation, making it not only open but also verifiable. Because blockchain is stored on a network of computers, it is extremely difficult to tamper with it. read this term token.
This distinction is a point of contention in this field. Kraken, which owns Backed Finance and claims to have cleared $25 billion in deals with its xStocks, argued that rival companies that tokenize shares in private companies are a risk to investors who may have a hard time selling.
Brokers and the fine print
Some details still remain thin. MEXC has not disclosed which licensed brokers will handle the trades, how the shares will be stored or how they will be traded. $USDT-Prices are set for conversion to dollars.
The Service is also geographically limited. MEXC said RealStocks is only available in certain jurisdictions, and access in other areas is restricted by local law. The exchange has faced regulatory friction before, as the statement mentions the Comoros International Dateline and offshore bases.
Hong Kong’s securities regulator placed MEXC on a warning list in 2024 for unauthorized activities.
The “0 fee” label also has limitations. MEXC said that only its own platform fees are eligible for the exemption, and users still face SEC trading fees, FINRA activity fees, clearing and exchange costs.
