The stock market and crypto were once two completely separate worlds. To buy stocks, investors had to open a brokerage account, transfer money internationally, and wait for Nasdaq trading hours to opeThe stock market and crypto were once two completely separate worlds. To buy stocks, investors had to open a brokerage account, transfer money internationally, and wait for Nasdaq trading hours to ope

Top Tokenized Stocks to Watch on MEXC: From Big Tech to Bitcoin Treasuries

The stock market and crypto were once two completely separate worlds. To buy stocks, investors had to open a brokerage account, transfer money internationally, and wait for Nasdaq trading hours to open. In 2026, that boundary has almost disappeared. With xStocks on MEXC, a crypto investor can gain exposure to Tesla, NVIDIA, Apple, or even the S&P 500 through a single basket using USDT, directly within the same app they use to trade BTC every day.
Below is a look at 10 of the most notable tokenized stocks on MEXC, along with the latest business figures and growth thesis for each one.
 
 

Key Takeaways

  • MEXC is making tokenized stocks more accessible to crypto investors.
  • xStocks and MEXC bring U.S. equity exposure on-chain, with 24/7 stablecoin trading.
  • More than 100 listings expand the choice from Big Tech to Bitcoin Treasury companies.
  • Each stock has its own growth thesis and risk profile.
  • Crypto and TradFi are increasingly converging within the same financial ecosystem.

I. The Bigger Picture: Where TradFi Meets DeFi

2025-2026 marked an important milestone: tokenized stock trading volume officially overtook traditional TradFi assets such as gold and oil on MEXC. As of July 2026, tokenized U.S. stocks accounted for as much as 62% of total TradFi spot trading volume on the exchange, while stock futures volume grew 111% compared with June, a pace of expansion rarely seen since the DeFi Summer of 2020.
 
 
MEXC currently lists more than 105 tokenized equity pairs through its xStocks offering, in partnership with Ondo Finance. The product allows users to buy and sell fractionalized U.S. stocks against stablecoins 24/7 without needing a traditional brokerage account. In other words, a crypto investor in almost any country does not need to open a U.S. brokerage account or deal with international money transfers to gain exposure to NVDA, TSLA, AAPL, or SPY. They can simply buy them on MEXC using stablecoins and trade throughout the weekend, something traditional stock exchanges cannot offer.
 

II. What Are xStocks on MEXC? The Technology Behind Tokenized Stocks

xStocks are not CFDs, nor are they perpetual futures. They are blockchain-based tokens backed 1:1 by real stocks held by a licensed custodian in the EU. Each TSLAX token traded on MEXC represents one real Tesla share held in custody by a regulated third party.
The process works as follows: when a user buys TSLAX/USDT on MEXC, the corresponding underlying stock is held by the custodian, while the TSLAX token is issued on the blockchain. When the user sells, the value can be converted back into USDT almost instantly, unlike the T+1/T+2 settlement cycles used in traditional securities markets.
The biggest advantage is composability. Because xStocks are on-chain tokens, they can potentially be used as collateral in DeFi lending protocols, transferred across supported platforms, or held in a personal wallet instead of being locked inside a traditional brokerage account like conventional stocks.
For MEXC users, MEXC's support for xStocks provides direct access to U.S. equities using USDT within a familiar crypto ecosystem. Instead of moving capital into a separate brokerage account, users can manage both crypto exposure and tokenized equity exposure on the same platform..
 

MEXC has also just launched the 0808 Stock Season, an annual campaign offering 0% fees on RealStocks, Tokenized Stocks, and Stock Futures, along with a 500,000 USDT reward pool. The tokenized equity lineup has now expanded beyond 200 assets, adding more niche names such as Applied Digital, USA Rare Earth, SAP, and Moderna alongside the familiar Big Tech names.

 

III. Top Common Tokenized Stocks to Watch on MEXC

TSLAX: Tesla xStock

Tesla Inc. (NASDAQ: TSLA) is a pioneer in electric vehicles and fully autonomous driving. August 2026 is shaping up to be one of the most important months in Tesla’s history. Unsupervised robotaxis completed 170 trips in Austin within just two weeks, with 54 vehicles operating without human supervision. On August 20, Nevada approved Tesla to operate up to 5,000 fully driverless robotaxis in Las Vegas during its first year, five times the limit allowed for Waymo and Uber.
 
 
FSD v15 currently has 1.48 million active subscribers, up 56% YoY. Cybercab, Tesla’s steering-wheel-free robotaxi, has entered production at Gigafactory Texas and is expected to officially launch on September 3, 2026. Q2 2026 deliveries reached 480,126 vehicles, up 25% YoY.
Thesis: TSLAx is at an inflection point, transitioning from an EV company into an AI-driven mobility company. Unsupervised robotaxis expanding across multiple states are currently the biggest catalyst for TSLA.

NVDAX: NVIDIA xStock

NVIDIA Corp. (NASDAQ: NVDA) is the leading GPU designer and currently dominates the AI compute market.
NVIDIAx remains the number one “picks and shovels” play of the AI era. In its latest quarter, which ended July 26, 2026, revenue reached $96.2 billion, up 106% YoY, with Data Center revenue alone reaching $89 billion, up 117%. Next-quarter guidance came in as high as $108 billion.
 
 
Blackwell B300 has entered mass production, with shipments expected to increase around 129% YoY. Each GB300 NVL72 rack includes 72 Blackwell Ultra GPUs and 36 Grace CPUs, delivering around 50 times the AI factory performance of Hopper. However, lead times have reached as long as 52 weeks as demand continues to exceed supply.
Hyperscalers have committed more than $320 billion in AI capex this year, with around 65% flowing into NVIDIA GPUs. AWS has also placed its largest order in history, purchasing 850,000 B300 GPUs over an 18-month period.
Thesis: NVDAX remains the anchor asset for the AI compute narrative and is currently around 8.7% below its ATH.

AAPLX: Apple xStock

Apple Inc. (NASDAQ: AAPL) is a technology giant with a massive hardware and services ecosystem.
AAPLX is repositioning the iPhone as the gateway to its entire ecosystem. iPhone revenue reached $54.3 billion in the latest quarter, up 21.7% YoY, marking the third consecutive quarter of more than 20% growth, driven primarily by a higher average selling price.
 
 
In AI, Apple is taking a different approach. Capex is only around $11 billion compared with more than $100 billion from competitors. Instead, Apple is licensing Gemini from Google to upgrade Siri, with the rollout expected later this year. Services revenue surpassed $30 billion, up 12% YoY, with 1.5 billion paid subscriptions.
Thesis: Apple is shifting from selling the iPhone as a standalone product to making it the gateway to recurring revenue, with AI acting as the glue that keeps users inside its ecosystem.

GOOGLX: Alphabet (Google) xStock

Alphabet Inc. (NASDAQ: GOOGL) is the parent company of Google, with dominant positions in Search, Cloud, and AI.
GOOGLX Cloud is growing 82% YoY. In the latest quarter, Alphabet generated $119.8 billion in revenue, up 24%, marking its 12th consecutive quarter of double-digit growth. Google Cloud revenue reached $24.8 billion, up 82%, with backlog reaching $514 billion, while Cloud operating margins expanded from 20.7% to 35.6%.
 
 
Gemini continues to scale rapidly. Around 90% of Fortune 100 companies are now using Gemini Enterprise, the Gemini app has reached 950 million MAU, and its API is processing 22 trillion tokens per minute.
Alphabet raised its 2026 capex outlook to $195-$205 billion, while Search and YouTube Ads remain major cash generators, reaching $63.3 billion, up 17%, and $11.1 billion, up 13%, respectively.
Thesis: Alphabet combines Search, Cloud, and AI, giving it multiple growth engines throughout the current AI cycle.

AMZNX: Amazon xStock

Amazon.com Inc. (NASDAQ: AMZN) is a global leader in e-commerce and AWS cloud computing.
AWS grew 37% YoY in the latest quarter, its fastest growth rate in 18 quarters, reaching a $169 billion annualized run rate. AWS operating income increased from $10.2 billion to $16.6 billion, while AWS backlog reached $496 billion.
 
 
CEO Andy Jassy said that even with $220 billion in full-year capex, AMZNx still does not have enough capacity to meet AI demand. AI revenue run rate has surpassed $25 billion, with triple-digit growth. Amazon also holds a major stake in Anthropic, contributing $53.4 billion in gains during the quarter. Advertising revenue increased 26% to $19.8 billion.
Risk: Trailing 12-month free cash flow is negative at $7.6 billion due to massive AI capex, although this is primarily the result of deliberate investment in infrastructure.

SPYX: S&P 500 ETF xStock

Product: A token representing an S&P 500 Index Fund, providing exposure to the 500 largest companies in the United States.
The S&P 500 hit an ATH of 7,798 points on August 13, 2026, marking its 27th record high of the year. AI-related earnings are currently contributing around 40% of total earnings growth across the index.
 
 
However, valuation is becoming an important consideration. The Shiller CAPE ratio surpassed 40 in May 2026, a level previously seen around the dot-com peak. The 30-year Treasury yield reached 5.337%, its highest level in nearly two decades. The Magnificent Seven now account for around 30% of total index market cap, the highest concentration in history, while around $670 billion in hyperscaler AI capex is largely debt-funded.
Even so, current AI earnings are largely supported by real cash flows.
Thesis: SPYX is better suited to a “buy and hold” strategy on the U.S. economy rather than short-term trading.

MSTRX: Strategy (MicroStrategy) xStock

Strategy (NASDAQ: MSTR, STRF, STRC) is a “Bitcoin Treasury Company,” formerly known as MicroStrategy.
Strategy currently holds around 840,447 BTC, slightly down from more than 846,000 BTC at the beginning of 2026 following a series of tactical sales. Total purchase cost stands at around $63.4 billion, equivalent to an average cost basis of $75,385 per BTC.
The most distinctive feature is its capital structure. Preferred stock STRC pays a 12% annual dividend, with the dividend rate adjusted each period to keep the stock trading around its $100 par value. The company has also increased its USD reserve to more than $4.6 billion to ensure it can meet its financial obligations.
CEO Phong Le said the recent Bitcoin sales were intended to strengthen the balance sheet. The company expects to return to net Bitcoin purchases toward the end of 2026 after stabilizing STRC and its USD reserve.
 
 
Thesis: MSTRX is essentially a leveraged Bitcoin proxy with roughly 2-3x exposure, extremely high volatility, and a historical drawdown of as much as 73% from its peak.

Phần này mình giữ nguyên form và độ dài tương đối sát bản gốc, đồng thời đồng nhất cách dùng thuật ngữ với các phần trước:

CRCLX: Circle xStock

Circle Internet Group (NYSE: CRCL) is the issuer of USDC, the world's second-largest stablecoin after Tether.
Circle went public in June 2025 at $31 per share and is currently trading around $61, while still sitting roughly 60% below its ATH. In the latest quarter, revenue and reserve income reached $701 million, up 7%, while USDC in circulation reached $73.3 billion, up 19%. On-chain volume reached $14.8 trillion, up 151%.
 
 
The next major catalyst is Arc Blockchain, which is expected to launch its public mainnet on September 16, 2026, following a private mainnet phase involving more than 100 institutional builders. Its founding validator lineup includes BlackRock, DTCC, Galaxy, Mastercard, Visa, Standard Chartered, and several other major financial institutions.
USDC is gradually becoming a layer of global financial infrastructure, with institutional capital becoming increasingly involved in the ecosystem.
Thesis: CRCLX provides exposure to stablecoins and on-chain payment infrastructure. It has the smallest market cap in this group and limited token liquidity, but Arc could become a major catalyst.
 

Conclusion

MEXC xStocks are narrowing the gap between crypto and TradFi with more than 105 tokenized stock pairs, 24/7 trading, and stablecoin settlement. The product is gradually becoming a new way to access U.S. equities directly within the crypto ecosystem.
The 10 stocks cover a wide range of investment theses: TSLAX for robotaxis, NVDAX, MSFTX, GOOGLX, and AMZNX for AI, SPYX for long-term exposure, MSTRX for Bitcoin, and CRCLX for stablecoins.
The core message is simple: investors no longer necessarily have to choose between crypto and U.S. stocks. xStocks on MEXC bring both into the same ecosystem, with stablecoins serving as the settlement layer.
 

Disclaimer: This content does not constitute investment, tax, legal, financial, or accounting advice. MEXC Blog provides this information for educational purposes only. Always do your own research, understand the risks, and invest responsibly.

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