MEXC Tokenized Stock Trading Soars 81% in September 2026
RWA Signal Insight
StocksMEXC reported an 81% month-over-month increase in tokenized stock trading volume for September 2026, significantly outpacing growth in its broader TradFi and new-token spot markets. Tokenized U.S. stocks were a primary driver, accounting for approximately 66% of the total growth in the exchange's TradFi spot volume. The platform observed a notable convergence between traditional stock-themed assets and meme tokens, with five stock-themed projects appearing in top volume and gainer rankings. Notably, more than half of the tokenized U.S. stocks listed on the exchange saw their trading volume at least double during the month. The exchange's xStocks Gala campaign further catalyzed this activity, drawing nearly 100,000 registrations and generating average daily volumes exceeding $3.4 billion. These figures highlight a shifting market dynamic where tokenized equities are increasingly utilized as quote assets for on-chain trading pairs. This trend underscores the growing integration of traditional financial instruments into crypto-native liquidity pools and trading strategies.
Key points
- MEXC tokenized stock volume grew 81% month-over-month in September 2026.
- Tokenized U.S. stocks drove 66% of the exchange's TradFi spot volume growth.
- xStocks Gala campaign recorded average daily trading volumes exceeding $3.4 billion.
- Over 50% of listed tokenized U.S. stocks doubled their monthly trading volume.
Background
MEXC is a centralized cryptocurrency exchange that provides users with access to tokenized versions of traditional financial assets, such as U.S. stocks. These tokens typically represent fractional ownership or synthetic exposure to underlying equities, allowing traders to interact with traditional market assets using blockchain infrastructure. By integrating these assets into spot markets, the exchange enables cross-market trading strategies and the use of equities as collateral or quote assets.