MEXC Partners with Ondo Finance to Launch Tokenized US Equities in Defense and Energy Sectors

TheNewsCryptoPublished on 2026-03-04Last updated on 2026-03-04

Abstract

MEXC, a leading global cryptocurrency exchange, has partnered with Ondo Finance to launch seven tokenized US equities from the defense and energy sectors. The tokens, which include LMTON, RTXON, BBAION, ACHRON, COPON, OXYON, and ONDSON, are now available for trading against USDT. These ERC-20 tokens represent direct ownership of the underlying stocks, with holdings verified through quarterly third-party audits and held in regulated trust accounts. The launch occurred in two tranches on March 4, 2026, with withdrawals starting March 5. This initiative provides MEXC's 15+ million users with continuous, global trading access to these assets, removing traditional barriers like position minimums and qualified investor restrictions. The partnership aims to expand institutional-grade market access, particularly for assets that have historically had limited retail accessibility.

MEXC, the fastest-growing global cryptocurrency exchange, redefining a user-first approach to digital assets through true zero-fee trading, today announced the launch of seven tokenized US equities across defense and energy sectors in partnership with Ondo Finance. The tokens are available for immediate trading on MEXC.

The assets trade as ERC-20 smart contracts against USDT pairs, with two separate launch tranches at 12:00 UTC and 13:00 UTC on March 4, 2026, and withdrawals beginning March 5, 2026. Each token represents direct ownership of the underlying US equity, with holdings verified through quarterly third-party audits and held in regulated trust accounts. The offering includes LMTON/USDT, RTXON/USDT, BBAION/USDT, ACHRON/USDT, COPON/USDT, OXYON/USDT, and ONDSON/USDT.

Tokenized equities provide continuous trading access across geographies while removing position minimums and qualified investor restrictions. Defense and energy stocks have historically traded with wide bid-ask spreads and limited retail accessibility. This launch expands institutional-grade market access to MEXC’s 15+ million users.

MEXC remains committed to delivering institutional-quality assets and infrastructure to the global retail and professional trading community. Full product details and real-time trading data available here.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website|X |Telegram |How to Sign Up on MEXC

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Cyclical Stock or Growth Stock? Coinbase Q2 Earnings Report Reveals 'Valuation Divide'

Coinbase's Q2 2026 results revealed a mixed picture, sparking debate over whether the company is a cyclical stock tied to crypto markets or a future growth stock. Total revenue of $1.22 billion missed expectations, declining 19% year-over-year. Retail trading revenue, still the largest income source, fell 30% to $452 million, reflecting a drop in spot crypto trading activity. While the company highlighted a record 10.3% overall crypto trading market share, this figure includes newer segments like derivatives and prediction markets. Net loss widened to $359 million, marking a third consecutive quarterly loss. However, the report showed diversification efforts. Subscription and service revenue reached $555 million, nearly matching transaction revenue. Stablecoin revenue, at $292 million, remained a strong second pillar. The company emphasized its future potential in stablecoins (notably USDC) and on-chain agent economies. Over 90% of agent stablecoin transactions occur on Base, its layer-2 network, positioning it as a leader in the emerging AI-agent finance (AIFi) sector. CEO Brian Armstrong expressed confidence in bitcoin's cyclical recovery but stressed the need for diversified revenue. The valuation divergence hinges on whether investors focus on current cyclical weakness or future growth from these new business lines.

marsbit15m ago

Cyclical Stock or Growth Stock? Coinbase Q2 Earnings Report Reveals 'Valuation Divide'

marsbit15m ago

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Coinbase's Q2 2026 financial results revealed a mixed performance, reigniting debate over whether the company should be valued as a cyclical stock tied to crypto markets or a growth stock with future potential. Total revenue missed expectations at $1.22 billion, down 19% year-over-year. Transaction revenue fell to $599 million, with retail crypto spot trading revenue dropping 30% to $452 million, back to 2023 levels. The company reported a net loss of $359 million, marking its third consecutive quarterly loss. Despite CEO Brian Armstrong's positive commentary on metrics like a 10.3% overall crypto trading market share and 106% growth in prediction markets, the market reacted negatively, with shares dropping over 5% after-hours. A key issue is the decline in core retail trading. While Coinbase touted record market share, this figure includes derivatives and new products. Its traditional crypto spot trading share is likely shrinking. New ventures like prediction markets, while growing, contributed less than $30 million, insufficient to offset the core revenue decline. The valuation debate hinges on perspective. As a cyclical stock, Coinbase remains deeply tied to the crypto bear market, with user attrition and competitive pressures justifying a lower valuation. The company's strategy appears focused on surviving until the next bull cycle. Viewed as a growth stock, however, Coinbase shows promising diversification. Subscription and service revenue reached $555 million, nearly matching transaction revenue. Stablecoin revenue, its second-largest source at $292 million, remains strong through its partnership with Circle. Critically, Coinbase is positioning itself as a leader in the emerging on-chain "agent economy." Over 90% of agent-based stablecoin transactions occur on its Base network, which it believes could handle trillions in future agent transactions. The recent acquisition of Deribit also aims to boost its international derivatives offering. In summary, Coinbase's present struggles are clear, but its future hinges on whether its investments in revenue diversification, stablecoins, and the agent economy can ultimately transform its business model and justify a growth premium.

Odaily星球日报20m ago

Cyclical Stock or Growth Stock? Coinbase's Q2 Earnings Report Reveals 'Valuation Disagreement'

Odaily星球日报20m ago

Wall Street Morning Report: Microsoft Eases 'AI Cash Burn' Concerns, Tech Stocks Stage Strong Rebound, Storage ETF DRAM and Philadelphia Semiconductor Index Soar 17% and 8%

Wall Street rebounds sharply after Microsoft's strong earnings alleviate "AI cash burn" concerns. The Nasdaq 100 surges 3.36%, its third-biggest gain this year, and the Philadelphia Semiconductor Index soars 8.19%. Microsoft's stock jumps 15.51%, adding $450 billion in market value, driven by Azure cloud revenue growth of 43% and a pledge for positive free cash flow in FY2027. This reignites confidence in AI investments. The memory sector rallies, with the Roundhill Memory ETF surging nearly 17%. However, market breadth is weak, with over 70% of S&P 500 stocks declining, creating a rare divergence from the index's gain. In currencies, the US dollar tumbles 0.9% amid suspected coordinated intervention by Japan and South Korea. Oil prices dip ahead of an OPEC+ meeting where a modest output increase is expected. Key earnings saw Amazon rise on strong AWS results, while Apple fell due to a disappointing revenue forecast and Meta dropped on capital expenditure worries. Upcoming focuses include the US AI regulatory framework deadline, OPEC+ decisions, and key economic data from South Korea.

marsbit25m ago

Wall Street Morning Report: Microsoft Eases 'AI Cash Burn' Concerns, Tech Stocks Stage Strong Rebound, Storage ETF DRAM and Philadelphia Semiconductor Index Soar 17% and 8%

marsbit25m ago

Global Market Share Survey: Japanese Firms Lead in Semiconductor Materials

Global Market Share Survey: Japanese Firms Lead in Semiconductor Materials According to the 2025 "Major Goods and Services Market Share Survey" by Nikkei, Japanese companies maintain strong positions in semiconductor-related materials. In silicon wafers, Shin-Etsu Chemical ranks first with a 26.3% share, followed by SUMCO at 17.8%. Together, they hold 44.1% of the market, widening their lead over competitors from Taiwan, Germany, and South Korea. In photoresists, Tokyo Ohka Kogyo, JSR, and Shin-Etsu Chemical occupy the top three spots, with a combined share of 60.5%. Despite their strength in materials, Japanese firms have a weaker presence in core semiconductor segments like DRAM and NAND flash memory, where South Korean and U.S. companies dominate. For instance, SK Hynix and Samsung lead in DRAM, while China’s CXMT doubled its share to 6% in 2025. The semiconductor market is projected to grow rapidly, with WSTS forecasting a 90% increase to $1.5112 trillion by 2026. Major players like Samsung, SK Hynix, and Micron are making massive investments to expand capacity. To maintain their edge in materials, Japanese companies must similarly commit to large-scale, risk-taking investments. In contrast, Japan’s automotive sector shows stagnation. Toyota remains the global leader but with only a slight share increase to 12.3%, while Japanese brands are absent from the top five in the EV market. In shipbuilding, Imabari Shipbuilding rose to third place globally with a 7.2% share, benefiting from large container ship deliveries. However, Chinese and South Korean firms dominate the sector, holding the top two positions. Japan aims to revitalize its shipbuilding industry through government and corporate efforts, targeting a near doubling of output by 2035. Addressing labor shortages and adopting advanced technologies like physical AI will be critical for competitiveness.

marsbit45m ago

The 25-Year-Old OpenAI Prodigy Who Took Global Investors Down With Him

At 25, OpenAI prodigy Leopold Aschenbrenner saw his $45 billion hedge fund, Situational Awareness, collapse in a month. His fund, which soared 439% by heavily leveraging AI infrastructure stocks like SK Hynix and CoreWeave, was caught in a vicious margin call spiral triggered by a sharp sell-off in AI hardware stocks and a rebound in the software stocks he shorted. The forced liquidation, intensified by leveraged Korean retail investors' panic selling, led to Citadel acquiring $16 billion of his portfolio at a steep discount. Ironically, the AI stocks he was forced to sell surged immediately after his fund's collapse. The episode underscores a classic Wall Street lesson: being right on the long-term trend is futile without surviving short-term volatility, especially when using excessive leverage. Despite the debacle, Aschenbrenner retains a $5 billion stake in Anthropic, leaving a potential path for recovery.

marsbit1h ago

The 25-Year-Old OpenAI Prodigy Who Took Global Investors Down With Him

marsbit1h ago

Trading

Spot

MEXC Partners with Ondo Finance to Launch Tokenized US Equities in Defense and Energy Sectors

Abstract

About MEXC

Related Questions

Related Reads