MEXC Expands Tokenized Stock Offerings with Ondo Finance
- MEXC has listed 17 new tokenized stock pairs and seven additional tokens linked to US defense and energy companies.
- The new tokens are ERC-20 assets on Ethereum, trading against Tether (USDT) on the exchange.
- Trading fees for the newly listed pairs will be waived for the first month after launch.
- Withdrawals for these tokens will begin on March 5.
- MEXC is currently the ninth-largest cryptocurrency exchange by spot trading volume, according to CoinMarketCap data.
This expansion is part of MEXC’s ongoing partnership with Ondo Finance, which aims to bring traditional financial assets onto blockchain through tokenization. The total value of assets issued by Ondo is approximately $2.66 billion.
The addition of these tokenized equities highlights MEXC’s commitment to diversifying its offerings and enhancing user access to traditional markets alongside cryptocurrencies. (Source)
