MEXC Lists Ondo Tokenized AI Stocks as Ondo Perps Adds Tokenized Stock Collateral

2 hour ago 2 sources positive

Key takeaways:

  • Tokenized AI supply-chain stocks on MEXC uniquely blend tradfi and crypto, potentially boosting ONDO demand.
  • Perpetual futures collateralized by tokenized equities introduce systemic cross-asset risks amid speculative leverage.
  • The $150K USDC incentive may temporarily inflate ONDO trading volumes, signaling caution for longer-term positions.

MEXC has expanded its spot market with nine new Ondo Finance tokenized stock and ETF trading pairs, while Ondo Perps now allows eligible users to use tokenized stocks as collateral for perpetual futures trading.

The new MEXC pairs, covering companies across the AI infrastructure supply chain, include tokenized assets tracking Bloom Energy (BEON/USDT), Astera Labs (ALABON/USDT), Credo Technology (CRDOON/USDT), Roundhill Memory ETF (DRAMON/USDT), Innodata (INODON/USDT), and Celestica (CLSON/USDT). All began trading on July 8, 2026, further expanding on-chain exposure to traditional equities.

Simultaneously, Ondo Finance announced that its Ondo Perps platform now supports tokenized stocks as collateral for perpetual futures, offering up to 20x leverage. The feature is available in pre-alpha to approved users outside the United States, Panama, and other restricted jurisdictions. An incentive program with $150,000 in USDC rewards was launched to encourage early trading activity.

Ondo Finance President Ian De Bode commented, “We are rapidly approaching an investing experience that is, quite frankly, far better,” highlighting the platform’s advancing capabilities over traditional brokerage accounts. The developments follow Ondo Finance’s earlier expansion into tokenized U.S. stocks and ETFs under the SEC’s custodial framework.

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