Africa’s largest crypto exchange introduces tokenized US equities on its platform
From cryptobriefing.com
VALR, Africa’s top crypto exchange by volume, has rolled out xStocks, becoming the first platform in the region to provide tokenized exposure to US-listed equities. With this new offering, VALR’s users can now track major names, such as Tesla, NVIDIA, Robinhood, Circle, and Coinbase. The xStocks tokens, launched by Backed in May 2025, represent 1:1-backed tokenized versions of US-listed equities and ETFs, though they don’t include ownership rights, voting rights, or other shareholder privileges. Users can trade these tokens on VALR’s Spot market against TetherUSD (USDT), other crypto assets including Bitcoin and ...
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