Which platform expanded tokenized equities?

TLDR

BitMEX expanded into tokenized equities by launching 24/7 Equity Perps that give crypto?collateralized exposure to major US stocks and indexes per a press release shared with Cointelegraph BitMEX equity perps.

1. These perps mirror crypto perpetuals and cover names like Apple and Tesla plus the S&P 500 and Nasdaq launch details.
2. Demand is rising: Bitget reported tokenized stock spot volume above $1 billion, mostly in December tokenized stocks overview.
3. Coinbase signaled a 2026 everything exchange that includes tokenized securities platform plans.

Deep Dive

1. What Expanded

BitMEX launched Equity Perps, extending its derivatives model to equities so traders can get 24/7 exposure to US stocks and major indexes using crypto as collateral BitMEX equity perps.

• The products use funding rates and non?expiring contracts (like crypto perps) and list Apple, Tesla, Nvidia, S&P 500, and Nasdaq launch details.
• Collateral options include BTC, ETH, XRP, and SOL, aiming at users who want equity exposure without selling crypto product specifics.

2. Why Now

Tokenized equities and always?on equity exposure are gaining traction, making expansion logical.

1. Bitget reported cumulative spot volume for tokenized stocks surpassing $1 billion, with 95% in December as demand surged for round?the?clock access tokenized stocks overview.
2. Coverage suggests other large platforms are moving toward equity tokenization, and Krakens xStocks has seen substantial activity in this segment, underscoring a broader shift to on?chain markets trend context.
3. Coinbase publicly outlined a 2026 plan to combine crypto with tokenized securities and prediction markets, signaling mainstream competition for these products platform plans.

3. Implications And Risks

Regulation remains the key constraint as perps and tokenized equities intersect securities rules.

• Tokenized stocks and equity?linked perps operate in a regulatory gray zone; platforms emphasize compliance and often segment offerings by region and entity regulatory context.
• European/EU guidance and US frameworks keep tokenized shares within securities laws, shaping how access, custody, and investor protection are handled policy overview.

Conclusion

BitMEXs Equity Perps are a notable expansion of tokenized/synthetic equity access, aligning with rising demand for 24/7 markets. The broader trend points to convergence between crypto rails and traditional assets, but product availability and investor rights hinge on jurisdiction and compliance.