MEXC Tokenized U.S. Stock Spot Volume Rose 81% in September

Tokenized U.S. stock spot volume on crypto exchange MEXC rose 81% in September from August, making up about 66% of the increase in the exchange’s traditional finance spot trading as that category recorded a 78% monthly gain. The broader category grew 13% in August. Pre-IPO futures volume increased 60% in September, and the number of futures trading pairs rose 15% to 496 from 431. More than half of MEXC’s tokenized U.S. stocks at least doubled their trading volume during the month. Marvell (MRVL) and Meta (META) entered the exchange’s top 10 by traditional finance spot volume.