Gate xStocks: Tokenized Stocks, a New 24-Hour Borderless Investment Experience

In July 2025, the world's leading crypto assets exchange Gate officially launched the xStocks trading area, initially supporting tokenization trading for popular stock targets such as COINX (Coinbase), NVDAX (NVIDIA), CRCLX (Circle), AAPLX (Apple), and more.

Users can seamlessly invest in real stocks using crypto assets like USDT, without the need for regional accounts from traditional brokers, complex KYC, or fiat settlement processes.

As the world's first platform to launch a tokenized stock contract market, Gate not only breaks the time and geographical limitations of traditional stock trading but also creates a new paradigm of "borderless stock investment."

##What is the core innovation of xStocks?

Traditional stock trading is limited by trading hours, settlement cycles, and high barriers to entry, making it difficult for global investors to participate equally. Gate xStocks has achieved an on-chain revolution of "tokenized stocks" through blockchain technology.

Each launched Token (such as TSLAX representing Tesla stock) corresponds to 100% real company stocks backed by physical assets.

Compared to traditional stock trading, xStocks shows significant advantages: it supports 24/7 trading, breaking the time cage of traditional markets from 9:30 AM to 4:00 PM; the settlement time is shortened from T+2 days to almost instantaneous.

At the same time, the platform has opened fractional share trading functionality, significantly lowering the investment threshold for high-priced stocks.

xStocks adopts a compliant asset-backed tokenization model, where all tokens can be freely transferred and are compatible with multiple blockchain ecosystems. Users can easily perform simple operations through the Gate App to enter markets such as CRCLX for trading.

##The Dual Evolution of Spot and Futures Markets

In July 2025, the xStocks area will simultaneously open spot and contract markets, becoming the world's first platform to support tokenization of stock derivatives trading.

In the spot market, users can trade tokenized stocks through an intuitive path: 【Assets】→【Spot】→【Recharge】→ Select "CRCLX", and then enter the trading interface to place an order.

The contract market brings greater breakthroughs. Users can utilize up to 10 times leverage for two-way operations and flexibly manage risks through the USDT pricing system.

Gate has launched the Alpha trading mode designed specifically for professional traders, providing more refined tools and an analytical interface.

In mid-July, the platform further expanded its product line by adding perpetual contract trading for tokenized stocks such as GOOGLX, TSLAX, and MSTRX, deepening the integration of the crypto market with the traditional stock market.

##xStocks Strategic Significance

The launch of xStocks is a key move in Gate's strategy of "connecting traditional and future finance."

Gate founder and CEO Dr. Han pointed out: "Our mission is not only to increase new asset classes but also to change the relationship between users and assets. The goal is to create a truly global, borderless exchange platform that allows everyone to equally access global financial opportunities."

This innovation addresses the fundamental pain points of traditional financial markets: breaking geographical restrictions, allowing global investors to freely enter the stock market; providing on-chain users with diversified asset allocation options; and empowering the stock investment field with the immediacy, transparency, and openness of blockchain.

With Gate completing its brand upgrade and launching the unified domain Gate.com in 2025, xStocks has become an important part of its globalization strategy.

##Dual Moat of Transparency and Risk Control

In the face of security challenges in decentralized stock trading, Gate has built a multi-layered protection system.

In terms of asset transparency, Gate adopts zero-knowledge proofs and Merkle tree structures, allowing users to verify asset reserves without disclosing details. The platform achieves "visible security" and "verifiable transparency" through cold and hot wallet assurance, open-source code, and third-party audits.

In response to market volatility risks, xStocks implements a dynamic parameter adjustment mechanism, including: minimum price fluctuation unit, maximum contract leverage ratio, maintenance margin ratio, single transaction risk limit, and funding rate.

These measures ensure system stability during extreme market conditions.

On July 8, the xStocks sector experienced an unusual fluctuation with MCDX (McDonald's Stock Token) briefly plummeting over 90%, suspected to be caused by a market-making robot malfunction.

After this incident, the platform further optimized its risk control algorithms and market maker management system.

##Market Response and Future Outlook

Launched two weeks ago, xStocks has attracted a large influx of funds. According to data from the Gate Research Institute, the daily trading volume of similar tokenization stock platforms has surpassed $5 billion, with over 2 million active users worldwide.

This data supports Dr. Han's view: blockchain-based equity investment is not a temporary trend, but a fundamental transformation of the financial landscape.

Against the backdrop of surpassing 30 million users, Gate is building xStocks as a super connector between the crypto ecosystem and traditional capital markets.

In the future, the platform will further expand support for stock types and cross-chain functionalities, deepening integration with Web3 wallets, Gate Alpha, and other ecological components.

With the EU issuing MiCA licenses to 53 crypto enterprises and other regulatory progress, the compliance path for tokenized securities is becoming clearer, and xStocks is expected to become the preferred gateway for traditional financial institutions to enter the on-chain world.

The crypto world is embracing traditional assets at an unprecedented speed. Gate's xStocks section has surpassed a daily trading volume of 5 billion dollars, with over 2 million active users worldwide.

Behind this number is the real push of blockchain technology for the democratization of finance. A Nigerian university student bought fractional shares of Apple through USDT, while an Argentine store owner used Tesla contracts to hedge against the devaluation risk of the local currency.

When Dr. Han announced during the brand upgrade in 2025 that "Gate is not the endpoint of trading but the gateway to the future," what he foresaw may be this moment: tokenized Tesla stocks and Bitcoin in the same wallet, Wall Street and blockchain meeting on the same trading interface.