Markets· ★★· neutral·

MSX Launches Trading of Tokenized Expedia and Shopify Shares

  • MSX started spot trading of tokenized Expedia (EXPE) and Shopify (SHOP) shares on September 24
  • Expedia's Q2 2026 revenue rose 14% to $4.315 billion, gross bookings up 12% to $33.93 billion
  • Shopify's revenue grew 34% to $3.583 billion, GMV up 32% to $115.57 billion
  • MSX settles trades in USDT, USDC and USD1, but tokenized shares carry different rights than traditional equities
Why it matters: The expansion of tokenized equities on crypto platforms intensifies competition for the RWA market, though shareholder rights questions remain unresolved.
Source: TokenPost