MEXC, a cryptocurrency exchange known for zero-fee trading, has expanded its tokenized asset offerings by listing five new Ondo Finance-backed stock pairs on its spot market. The pairs, which went live on July 16, 2026, at 13:30 UTC, cover a supply chain from semiconductor and precision component manufacturing to industrial cooling and power infrastructure supporting AI data centers.
The newly listed pairs include tokenized shares of STMicroelectronics N.V. (STMON/USDT), Fabrinet (FNON/USDT), Trane Technologies (TTON/USDT), Amphenol (APHON/USDT), and Quanta Services (PWRON/USDT). Withdrawals for these assets are scheduled to open on July 17, 2026, at 13:30 UTC.
Ondo Finance tokenizes traditional financial assets through compliant infrastructure, enabling users to gain exposure to US stocks and ETFs in a blockchain-native format. Each tokenized asset is backed by the corresponding underlying security held via regulated custodial brokers, allowing for fractional ownership and automatic dividend reflection in token value.
This listing broadens the range of traditional assets available on MEXC, which already offers multiple pathways for US equity exposure. Users can trade Ondo's tokenized stocks or purchase real shares of US-listed companies through RealStocks, which now covers more than 7,000 US stocks and ETFs.
The five companies selected represent a strategic focus on the AI data center ecosystem. STMicroelectronics is a key semiconductor manufacturer, while Fabrinet provides precision optical and electronic components. Trane Technologies specializes in industrial cooling systems, Amphenol produces connectors and sensors, and Quanta Services offers power infrastructure solutions. Together, they form a supply chain critical to AI hardware deployment.
This development comes amid heightened interest in tokenized assets as a bridge between traditional finance and crypto markets. For context, recent market movements have seen Intel and AMD stocks slide on overcapacity fears, while memory chip stocks slid after TSMC's capex hike triggered a broader semiconductor selloff. The tokenized stock market continues to expand, with ONDO surging 17% as tokenized stock offerings expand.
MEXC positions itself as a gateway for users seeking diversified exposure, combining crypto trading with tokenized stocks, ETFs, commodities, and precious metals. The platform's user base exceeds 40 million across 170+ markets.
This article is for informational purposes only and does not constitute financial advice.
