In 2025, Gate officially launched the xStocks Stock Trading Zone, enabling users to trade tokenized stocks directly with crypto assets such as USDT.
This service covers eight major stock assets, including COINX, NVDAX, and TSLAX, and supports both spot and derivatives markets.
01 Gate xStocks Zone: A New Frontier for Crypto Asset Trading
In 2025, Gate introduced the xStocks Stock Trading Zone, allowing users to trade tokenized stocks directly using crypto assets like USDT. This marks a significant step for Gate in bridging traditional finance with digital assets.
The zone adopts a compliant physical asset tokenization model. Every listed token is fully backed by publicly traded stocks, ensuring complete asset collateralization, free transferability, and on-chain trading support.
Gate’s large user base underpins this service. According to statistics, Gate boasts over 30 million users worldwide, providing a solid foundation for launching innovative financial services.
On the technology front, Gate underwent a major infrastructure upgrade. In September 2025, Gate launched Gate Layer, a high-performance Layer 2 network built on OP Stack. This fully EVM-compatible network can handle over 5,700 TPS and achieves 1-second block times.
This technical upgrade delivers robust support for the high-frequency, low-latency trading demands of tokenized stocks.
02 Why Are Tokenized Stocks Reshaping the Financial World?
Tokenized stocks are more than just the "digital version" of traditional equities—they represent a fundamentally new way to interact with assets. Traditional stock trading involves multiple intermediaries like centralized exchanges and clearing houses, while tokenized assets enable disintermediated direct trading.
Data from the xStocks tokenized stock platform shows that after three months of official operation, total trading volume has reached $3.782 billion.
Of this, CEX trading volume stands at $3.612 billion, while DEX trading volume is $170 million. This indicates that centralized exchanges still dominate this emerging market.
Barriers in traditional financial systems have restricted global capital flows. Over 5 billion internet users worldwide have never accessed stock trading. Tokenized stocks break down these barriers, opening the door for this vast demographic to participate in global capital markets.
Blockchain’s characteristics allow tokenized stocks to move freely across platforms. Users can transfer tokenized stocks from one platform directly to another. This is impossible in traditional brokerage systems—you can’t transfer your Apple shares from Futu directly to a friend or move them to Robinhood.
03 Industry Boom: From Niche Innovation to Mainstream Standard
Tokenized stocks have swept across the crypto industry. According to incomplete statistics, more than 30 crypto trading platforms now offer tokenized stock trading, with at least 10 platforms each serving over 10 million users.
Platforms like Bitget and Trust Wallet have surpassed 100 million users.
Beyond the xStocks ecosystem, Ondo Global Markets officially launched on September 3, 2025, signaling the entry of the world’s largest RWA platform, Ondo, into the tokenized stock market.
Within just two days of launch, trading volume reached $65 million, with 253 unique holders.
On December 11, 2025, the US Securities and Exchange Commission (SEC) issued a "no-action letter" that marked a major regulatory breakthrough for securities tokenization.
The SEC explicitly stated it would not take enforcement action against the DTCC subsidiary DTC’s pilot securities tokenization program, which includes tokenizing Russell 1000 index components, US Treasuries, and major ETFs.
During the three-year pilot, this mechanism enables compliant, centralized tokenization via DTC, steering activity toward regulated infrastructure. This means that starting in 2026, we’ll likely see more securities tokenization projects and growing demand for tokenized stocks.
04 Ecosystem Integration: Gate’s Comprehensive Web3 Strategy
In a recent interview, Gate founder Han Lin pointed out that user activity is clearly shifting on-chain, so Gate is ramping up investment in its "All in Web3" strategy.
Han Lin believes that while the current market remains volatile, it’s unlikely to return to previous bear market levels, and that macroeconomic and liquidity policies will continue to shape market trends.
Gate’s moves align with the growing trend among major exchanges, such as Coinbase launching Base, to roll out their own Layer 2 solutions and capture more on-chain user activity.
By integrating infrastructure with native tokenomics, exchanges aim to deepen liquidity, expand their ecosystems, and position themselves as comprehensive Web3 providers.
In September 2025, Gate launched Gate Layer based on OP Stack, along with several tools, including Gate Perp—a perpetuals hub with CEX-level liquidity; Gate Fun—a no-code token launch incubator; and Meme Go—a real-time cross-chain meme token tracker.
As part of this overhaul, GT (GateToken) will serve as the exclusive gas token for Gate Layer, while continuing its dual-burn model. So far, over 180 million GT have been burned, accounting for about 60% of the initial supply.
05 Looking Ahead: The Future of Tokenized Stocks and Gate’s Positioning
The future of tokenized stocks extends far beyond simply putting existing equities on-chain. As technology advances and the market matures, tokenized assets will take on more innovative forms and functions.
Gate will continue to strengthen its compliance operations, actively pursuing licenses worldwide to pave the way for future listings. The company is advancing compliance initiatives across multiple US locations and plans to focus on both Web3 and regulated markets.
The rise of securities tokenization is closely tied to institutional adoption. On-chain liquidity remains limited, so market participants are increasingly focusing on fundamentals, revenue, and buybacks. Meanwhile, enterprises are starting to use stablecoins, and more institutions are allocating capital to the crypto sector.
With the rapid growth of AI, energy demand is soaring. Global data center electricity consumption is projected to double from 415 TWh in 2024 to 945 TWh by 2030.
Crypto mining companies, with abundant energy reserves and a decade of experience optimizing electricity costs, are becoming increasingly attractive.
This creates new opportunities for the convergence of crypto and traditional finance.
For investors, tokenized stocks offer a novel way to structure portfolios. Investors can manage both crypto and traditional assets on a single platform, eliminating the need to move funds across multiple platforms. This convenience will attract more traditional investors to crypto markets and make it easier for crypto-native users to access traditional assets.
Outlook
When an African user buys an NVDAX token—representing Nvidia stock—on the Gate app using USDT exchanged from local currency, the barrier to joining the global tech wave has never been lower.
As trading volume in the xStocks zone continues to grow, Gate is witnessing the emergence of a new financial system. In this system, national borders blur, asset classes converge, and global capital flows with unprecedented efficiency.
The line between traditional stocks and crypto tokens is fading on platforms like Gate. This is not just a technological revolution—it’s a real-world step toward financial democratization.
