KuCoin Adds Apple, Robinhood, Strategy And SpaceX Tokenized Stocks

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR KuCoin has opened spot trading for tokenized representations of Apple, Robinhood, Strategy and SpaceX. The xStocks are issued on Solana and are designed to be collateralized 1:1 by the corresponding underlying assets held with a regulated custodian. Access is heavily restricted by jurisdiction, including the United States and United Kingdom. KuCoin is expanding further into tokenized equities, adding four new xStocks to its spot market. The exchange opened trading for tokenized versions of Apple, Robinhood, Strategy and SpaceX on September 23, giving eligible users another route into equity-linked assets without using a traditional brokerage account. Four More Stocks Move Onto Crypto Rails The new assets trade under AAPLX, HOODX, MSTRX and SPCXX. KuCoin says the tokens are issued on Solana and each xStock is fully collateralized on a 1:1 basis by the corresponding underlying asset held with a regulated custodian. That structure is important. These are not simply crypto tokens whose prices happen to track stocks through an oracle. The model is designed around securities being he...