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VICTORIA, Seychelles, July 18, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, officially announced the listing of xStocks and its joining of the xStocks alliance. xStocks are tokenized stocks powered by Swiss-based company Backed. This launch marks a significant step forward in KuCoin's expansion of multi-asset allocation capabilities.
The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain.
Capturing a Dual-Cycle Growth Opportunity: Bridging Traditional and Crypto Assets
On July 10, 2025, NVIDIA became the first publicly listed company to surpass a $4 trillion market capitalization. Just days later, on July 14, Bitcoin reached an all-time high, breaching $120,000 for the first time.
As traditional equities and crypto assets simultaneously enter bullish territory, xStocks offer global investors a new paradigm of portfolio construction—"with tokenized NVIDIA in one hand, Bitcoin on the other."
As the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions, KuCoin's listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to seamlessly move between top US equity exposure and crypto assets.
A Truly Global Asset Allocation Platform: Empowering Long-Term User Value
As one of the most internationally accessible crypto trading platforms, KuCoin currently serves over 41 million users across 200+ countries and regions. Committed to user asset safety and long-term value creation, KuCoin continues to build a comprehensive, sustainable, and robust product ecosystem designed to empower global investors.
The xStocks product line is grounded in transparency and composability, with the following structural safeguards:
- Each tokenized asset is fully backed 1:1 by real stocks held in third-party regulated custodian banks, in a bankruptcy remote structure.
- Tokens are issued under an approved EU prospectus and tokenized following the Swiss DLT Act.
- Token holders have the primary claim to the value of any held collateral.
- Proof of Reserves, powered by Chainlink, coming soon for xStocks.
Unlocking Greater Flexibility: Smarter Allocation, Seamless Execution
The launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles:
- Flexible allocation, diversified exposure: Users can tailor portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets—blending conservative and aggressive strategies.
- Unified trading, frictionless switching: Through KuCoin's account, users can effortlessly swap between tokenized stocks and crypto using USDT, without fiat onramps or platform switching. A true one-account solution for global multi-asset investing.
BC Wong, CEO of KuCoin, commented:
"At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it's a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account."
About KuCoin
Founded in 2017, KuCoin has established itself as one of the most globally recognized and reliable cryptocurrency platforms, built on a robust and secure foundation of cutting-edge blockchain technology, liquidity solutions, and enhanced user account protection.
With over 41 million users across 200+ countries and regions, KuCoin is committed to empowering the digital economy by providing secure, innovative, and compliant solutions tailored to meet the needs of its global community. KuCoin offers access to 1,000 digital assets and a diverse range of digital assets solutions, including web3 wallet, Spot trading, Futures Trading, institutional wealth management services, and payments.
KuCoin's dedication to excellence has garnered prestigious recognitions, such as being named among Forbes' "Best Crypto Apps & Exchanges" and one of the "Top 50 Global Unicorns" by Hurun in 2024. KuCoin has successfully achieved SOC 2 Type II and ISO 27001:2022 Certifications, which provide a structured approach to managing information security, covering aspects like risk management, access control, data governance, and incident response.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion, underscoring its legitimacy and stability in the rapidly evolving digital finance landscape.
Under the leadership of its new CEO, BC Wong, KuCoin reaffirms its commitment to global growth, innovation, and meeting the highest standards of security and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to deliver a secure, transparent, and reliable ecosystem for users to thrive in the digital economy.
About Backed
Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed's products are freely transferable ERC-20 and SPL tokens compatible with Ethereum and Solana DeFi ecosystems. For more information, please visit https://backed.fi/
VICTORIA, Seychelles, July 18, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, officially announced the listing of xStocks and its joining of the xStocks alliance. xStocks are tokenized stocks powered by Swiss-based company Backed. This launch marks a significant step forward in KuCoin's expansion of multi-asset allocation capabilities.
The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain.
Capturing a Dual-Cycle Growth Opportunity: Bridging Traditional and Crypto Assets
On July 10, 2025, NVIDIA became the first publicly listed company to surpass a $4 trillion market capitalization. Just days later, on July 14, Bitcoin reached an all-time high, breaching $120,000 for the first time.
As traditional equities and crypto assets simultaneously enter bullish territory, xStocks offer global investors a new paradigm of portfolio construction—"with tokenized NVIDIA in one hand, Bitcoin on the other."
As the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions, KuCoin's listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to seamlessly move between top US equity exposure and crypto assets.
A Truly Global Asset Allocation Platform: Empowering Long-Term User Value
As one of the most internationally accessible crypto trading platforms, KuCoin currently serves over 41 million users across 200+ countries and regions. Committed to user asset safety and long-term value creation, KuCoin continues to build a comprehensive, sustainable, and robust product ecosystem designed to empower global investors.
The xStocks product line is grounded in transparency and composability, with the following structural safeguards:
- Each tokenized asset is fully backed 1:1 by real stocks held in third-party regulated custodian banks, in a bankruptcy remote structure.
- Tokens are issued under an approved EU prospectus and tokenized following the Swiss DLT Act.
- Token holders have the primary claim to the value of any held collateral.
- Proof of Reserves, powered by Chainlink, coming soon for xStocks.
Unlocking Greater Flexibility: Smarter Allocation, Seamless Execution
The launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles:
- Flexible allocation, diversified exposure: Users can tailor portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets—blending conservative and aggressive strategies.
- Unified trading, frictionless switching: Through KuCoin's account, users can effortlessly swap between tokenized stocks and crypto using USDT, without fiat onramps or platform switching. A true one-account solution for global multi-asset investing.
BC Wong, CEO of KuCoin, commented:
"At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it's a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account."
About KuCoin
Founded in 2017, KuCoin has established itself as one of the most globally recognized and reliable cryptocurrency platforms, built on a robust and secure foundation of cutting-edge blockchain technology, liquidity solutions, and enhanced user account protection.
With over 41 million users across 200+ countries and regions, KuCoin is committed to empowering the digital economy by providing secure, innovative, and compliant solutions tailored to meet the needs of its global community. KuCoin offers access to 1,000 digital assets and a diverse range of digital assets solutions, including web3 wallet, Spot trading, Futures Trading, institutional wealth management services, and payments.
KuCoin's dedication to excellence has garnered prestigious recognitions, such as being named among Forbes' "Best Crypto Apps & Exchanges" and one of the "Top 50 Global Unicorns" by Hurun in 2024. KuCoin has successfully achieved SOC 2 Type II and ISO 27001:2022 Certifications, which provide a structured approach to managing information security, covering aspects like risk management, access control, data governance, and incident response.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion, underscoring its legitimacy and stability in the rapidly evolving digital finance landscape.
Under the leadership of its new CEO, BC Wong, KuCoin reaffirms its commitment to global growth, innovation, and meeting the highest standards of security and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to deliver a secure, transparent, and reliable ecosystem for users to thrive in the digital economy.
About Backed
Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed's products are freely transferable ERC-20 and SPL tokens compatible with Ethereum and Solana DeFi ecosystems. For more information, please visit https://backed.fi/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities for the World's Most Extensive Crypto User Base
JAKARTA, Indonesia, Dec. 17, 2025 /PRNewswire/ -- Smart mobility technology Brand OMOWAY opened its 10-story Southeast Asia Regional Headquarters (RHQ) in Jakarta today. This milestone accelerates OMOWAY's global smart strategy in Southeast Asia. By integrating its OMO-X - the world's first mass-produced self-balancing smart electric motorcycle - with its advanced riding-assist technology, OMOWAY will usher the two-wheeler industry into a smart era of Motorcycle 3.0.
A Clear Vote of Confidence from Seasoned Local Dealers
At the opening, OMOWAY welcomed its first group of strategic partners, including dozens of dealers with decades of experience in the two-wheel sector. The partnership reflects growing market confidence in smart electric mobility and OMOWAY's product and local execution capabilities.
"After decades in the motorcycle industry, this is the most thrilling product I have encountered. It is truly epoch-making for the industry", commented an experienced dealer following the test ride.
OMOWAY's unique self-balancing system, combined with its own developed software and smart features, drives this disruption. It effectively improves the riding experience: no need to put feet down at low speeds, anti-slip cornering, self-parking and auto-grade encrypted digital keys. All features are built upon a highly integrated architecture with domain controllers and an in-house patented chassis.
"The commitment from experienced dealers confirms the smart electrification era has arrived," said OMOWAY co-founder Todd He. "We are delivering breakthrough innovation combined with a deep local understanding for our users. What we bring to the market is the next generation of smart mobility."
Full Core Market Coverage: Leading the Global Transition to Smart Mobility
The RHQ shows OMOWAY's transition from technological ambition to rapid on-the-ground expansion. Backed by strong channel-building capabilities, OMOWAY aims to bring smart electric motorcycles to every family across the country: By the first half of 2026, its sales & service network will fully cover the core markets of Java and Bali, expanding to Sumatra, Kalimantan and other major regions by year-end.
In parallel, OMOWAY is building a standardized after-sales system, a charging-service network and a talent programme that will train more than a thousand local professionals — creating a truly sustainable service ecosystem. Through the OMOWAY smart App, users will gain access to a transparent, efficient and reliable online-to-offline service experience.
Motorcycle 3.0: Smart E-Motorcycle Delivering Value to Families Worldwide
OMOWAY, with its full-stack in-house hardware and software development and core AI technologies, is emerging as a "definer" of two-wheel mobility. Its flagship model, OMO X — the world's first smart electric motorcycle equipped with a production-ready self-balancing riding-assist system — attracted widespread attention at its global brand launch in June.
The model tackles core challenges in low-speed traffic and congestion. It also brings a step-change in safety and significantly lower accident risk in uneven or wet conditions.
OMO X has recently passed certification by Indonesia's Ministry of Transportation, and OMOWAY's manufacturing lines are now preparing for mass production to support its 2026 market launch.
Drawing on deep expertise from the intelligent EV sector, OMOWAY is driven by technology and user-value to lower the barriers to high-tech adoption, delivering innovative smart product experiences to every life. With a global outlook, OMOWAY is steering the two-wheel industry into an intelligent new era — driving intelligence and sustainability globally.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
OMOWAY Unveils 10-Story RHQ, Accelerating Two-Wheeler's Smart 3.0 Shift
