Exchanges· ★★★· neutral·

MEXC Ventures: Exchanges Shift to Multi-Asset Platforms With Stocks, ETFs and AI Trading

  • —Tokenized RWAs excluding stablecoins topped $38 billion by end-September, per RWA.xyz
  • —TradFi assets rose from 11.5% to 22.9% of one exchange's futures volume in two months
  • —49.2% of tokenized stock volume trades outside regular US market hours
  • —Bybit launched trading in 7,000 US stocks and ETFs on October 13 via an Alpaca integration
Why it matters: Exchanges are competing on round-the-clock infrastructure for traditional assets rather than listings, reshaping the competitive landscape.
Source: TokenPost