MEXC Expands Integrated Financial Platform for Stocks and Tokenized Assets

Cryptocurrency exchange MEXC is planning to expand beyond trading virtual assets like Bitcoin to create an integrated financial platform that includes stocks, tokenized assets, and payment services. MEXC CEO Bugar Ushi Jade stated that the goal is to connect various assets and financial services through this platform. Currently, MEXC has over 40 million users across more than 170 countries, offering around 3,000 digital assets and over 7,000 stocks. Stock-related products are already being expanded, with plans to launch access to U.S. stocks by June 2026. MEXC clarified that products related to SpaceX are platform credits rather than actual stocks, and holders of SPACEX (PRE) do not have shareholder rights. Additionally, while the expansion of business using AI was mentioned, it was emphasized that investors should not rely entirely on AI for their assets. MEXC is implementing a proof of reserves system to allow users to verify their assets and is also unveiling a 'Guardian Fund' worth $100 million. Stocks and tokenized assets have different rights structures, and users need to understand the underlying assets and rights structure.

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