MEXC adds five Ondo-linked tokenized stock pairs spanning AI infrastructure and rare earths
MEXC's expansion of tokenized stocks via Ondo-linked pairs and the sharp jump in US equity-related volume on major CEXs highlight accelerating convergence between crypto venues and traditional asset trading. Rising demand for tokenized equities (now eclipsing precious metals in tracked traditional-asset volume) supports exchange revenue diversification and deepens market infrastructure for on-chain RWAs. Near-term focus is on liquidity, access breadth, and regulatory perimeter outside the US.
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MEXC said it has expanded its tokenized stock lineup by adding five new Ondo protocol-linked trading pairs covering AI infrastructure, semiconductors, enterprise software and strategic rare earth materials. Data cited by MEXC and CoinGecko showed that US stock-related trading across six major centralized exchanges jumped 337.4% month over month in June to $189.84 billion. Stock products accounted for 48.3% of traditional-asset trading volume in the report, surpassing precious metals. MEXC said its own traditional-finance trading volume reached $91.12 billion in May, up by about 59 times.