MEXC Expands Tokenized Stock Offerings Amid Growing Demand
MEXC, a leading cryptocurrency exchange, has expanded its offerings by listing five new Ondo tokenized stock pairs on its Spot platform. These pairs allow users to trade stocks spanning AI infrastructure, semiconductors, enterprise software, and rare earth materials.
The new pairs are AXTION/USDT (AXT Inc), AEHRON/USDT (Aehr Test Systems), APLDON/USDT (Applied Digital), USARON/USDT (USA Rare Earth) and SAPON/USDT (SAP SE). They went live on Spot on August 6, 2026, at 13:30 UTC.
The demand for stock-related products on crypto exchanges has risen significantly in 2026. According to a report jointly published by MEXC and CoinGecko, U.S. stock trading volume across six major centralized exchanges climbed 337.4% month over month in June to $189.84 billion.
This represents 48.3% of total TradFi volume and has overtaken precious metals as the largest traditional-asset category for the first time. MEXC's own monthly TradFi volume expanded roughly 59-fold, reaching $91.12 billion in May.
The report also found that crypto-native users are increasingly moving into traditional-asset trading, while some users with a traditional-finance background have begun shifting their trading activity to crypto exchanges due to round-the-clock access and lower barriers to entry.