MEXC Expands Tokenized Stock Listings Through Ondo Finance Partnership

Crypto exchange MEXC has broadened its tokenized equities offering by partnering with Ondo Finance, adding 17 new tokenized stock pairs and seven tokens linked to US defense and energy companies, which trade against Tether (USDT) on the platform. These tokens are ERC-20 assets on Ethereum, representing underlying shares held in audited, regulated trust accounts. The expansion includes stocks like Lockheed Martin (LMT) and Occidental Petroleum (OXY), with trading fees waived for the first 30 days for the 17 new pairs. This move continues MEXC's tokenized equity listings initiated in September 2025, positioning it within a growing trend of crypto exchanges, like Kraken and Gemini, tokenizing traditional assets, though these offerings remain largely inaccessible to US users pending regulatory clarity.

(Source：Cointelegraph)