Crypto: Mexc Expands Tokenized Stock Offerings With New Ondo Finance Listings
The crypto exchange added 17 tokenized stock pairs and seven defense and energy equities through its partnership with Ondo Finance.
Crypto exchange MEXC has expanded its tokenized equities offering through its partnership with Ondo Finance, listing new onchain representations of US stocks that trade against Tether on its platform.
According to company announcements this week, the expansion includes 17 newly listed tokenized stock pairs and seven additional tokens tied to US defense and energy companies.
The tokens are issued as ERC-20 assets on Ethereum and trade against Tether (USDT) pairs on the exchange. The underlying shares are held in regulated trust accounts and subject to quarterly third-party audits, with the tokens designed to represent ownership of the corresponding underlying equities.
A March 3 announcement introduced 17 additional tokenized stock pairs spanning sectors such as technology, healthcare and finance.
Trading fees for the 17 newly listed tokenized stock pairs will be waived for the first 30 days. The companies did not disclose the names of the individual companies included in the batch.
A separate release on Wednesday added seven tokenized equities tied to defense and energy companies, including Lockheed Martin (LMT), RTX (RTX), ConocoPhillips (COP) and Occidental Petroleum (OXY). Withdrawals for the newly listed tokens are scheduled to begin March 5.
The partnership builds on a series of tokenized equity listings MEXC has introduced with Ondo Finance since launching the product in September 2025. The 17 new pairs are the ninth expansion of the offering.
MEXC is a centralized cryptocurrency exchange founded in 2018 and offering spot and derivatives trading for digital assets. According to CoinMarketCap data, it is the ninth-largest exchange by spot trading volume.
Ondo Finance is a New York–based blockchain company that focuses on bringing traditional financial assets onchain through tokenization. At the time of writing, assets issued through Ondo total about $2.66 billion in tokenized value, according to RWA.xyz data.
Source: CoinTelegraph
