BroadChain, April 28 - Cryptocurrency exchange MEXC pointed out that the boundaries between the traditional Contracts for Difference (CFD) industry and the crypto market are gradually blurring. With the rapid maturation of tokenized stocks, crypto futures, and 24/7 trading models, the two markets are accelerating their integration, and a clearer regulatory environment provides the legal and trust foundation for this process.
MEXC Chief Operating Officer Vugar Usi Zade stated that core users no longer log into the platform out of "novelty" but view tokenized stocks, crypto spot assets, and stablecoins as components of the same asset portfolio. He emphasized that this is not an experiment but structured asset interoperability. Since partnering with Ondo Finance in September, MEXC has completed 17 batches of tokenized US stock product issuances, covering blue-chip stocks, ETFs, and the recently popular energy and defense sectors. These assets are custodied by regulated trust accounts and undergo quarterly audits. Usi Zade revealed that trading volume for such tokenized products has surged over 30 times, reflecting users' genuine demand for a "24/7 stock market."
Usi Zade believes that the CFD model's deep roots in local regulation and payment systems give it an irreplaceable advantage, while crypto platforms offer structural advantages in time and efficiency—operating around the clock, requiring no system switching, and enabling free capital flow. These two paths will eventually converge. In January, the US SEC issued a joint statement on "tokenized securities and related securities," clarifying that "tokenization does not change the underlying legal attributes" and requiring exchanges to clearly disclose product structures. Usi Zade emphasized that legal structure should be considered part of product design, not an afterthought.
Looking ahead, Usi Zade noted that the "front-end structure" of retail brokers and crypto exchanges may differ in the short term, but the "back-end structure" is rapidly converging. As Nasdaq explores on-chain trading of tokenized stocks, the CFTC approves tokenized assets as derivatives collateral, and ICE promotes the development of on-chain settlement platforms, the core settlement layer of global markets is moving toward interconnection. Users may operate on different platforms in the future, but the underlying asset records, clearing, and liquidity will run on the same infrastructure.
MEXC positions itself as a bridge connecting traditional and future finance. This global crypto platform, covering over 170 countries with more than 40 million users, is expanding from single crypto spot trading to tokenized stocks, precious metals perpetual contracts, and a range of on-chain derivatives, aiming to build a "24/7, cross-asset, compliant" trading infrastructure. Usi Zade concluded: "Openness, trust, and people-centricity are our definition of future finance. Integration is not a challenge but an inevitability."