key takeaways
- VALR has launched xstocks, allowing users to tokens the US-listed equity on their platforms.
- Xstocks tokens can be traded without share ownership rights without USDT, Bitcoin, Ethereum and South African Rand.
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Valr, by Africa’s top Crypto Exchange Volume, has rolled out Xstocks, which has become the first platform in the first place in the region, which has been conveyed to us to the top. With this new offering, VALR users can now track key names, such as Tesla, Nvidia, Robinhood, Circle and Coinbase.
Supported in May 2025, xstocks tokens, representative 1: 1-bag token version privilege.
Users can trade these tokens on VALR’s spot market against Tetherusd (USDT), bitcoin and ethrium, or other crypto assets including South African rand.
Discussing the new feature, Valr CEO Farzam Isani said that the launch of Xstocks is a major step towards democratizing the finance of South Africa and beyond. VALR wants to lead.
“By combining Crypto and traditional finance, we are designed for a financial system that reduces obstacles and does unprecedentedly many more tasks. In addition, Valer users confirm our commitment to innovation and process for our unprecedented communities,” said Honani.
For David Henderson, head of supported development, this step is part of the company’s ongoing effects to bring aquatic for users around the world.
He said, “We have these assets to be an incredible adoption, and now Africa users will be able to receive them on VALR, who participate in the capital markets,” he said.
VALR, established in 2018, serves over 1,400 corporate and institutional customers and more than 1.5 million users worldwide. The exchange has acquired $ 55 million in equity funding from investors, including Pantera Capital, Coinbase Ventures, GSR and F-Prime, affiliated to Fidelity Investments.
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