Finance

As digital assets and traditional financial markets increasingly converge, a growing number of investors seek more convenient access to global stock markets. Gate officially launches its stock trading service, enabling eligible users to trade US, Hong Kong, and Korean stocks directly with USDT—without requiring a separate traditional brokerage account or fiat currency exchange. This article explores Gate's stock trading operating model, supported markets, and key features, as well as how it delivers a seamless one-stop global asset allocation experience.

When a news headline reads "Oil Sinks," it typically signals that international crude oil prices are on a downward trend. As one of the world's most critical commodities, crude oil price fluctuations affect not only the energy sector but also aviation, shipping, logistics, inflation, and financial market performance. For investors, falling oil prices can present both risks and new investment opportunities.

NVIDIA Corporation (NASDAQ: NVDA) is one of the most closely monitored publicly traded companies in the global AI and semiconductor sectors, and has been one of the best-performing tech stocks in the U.S. equity market in recent years. Through Gate's Stock Service, users can directly trade NVIDIA shares using USDT, without the need to open a separate traditional brokerage account, and can manage both digital assets and global stock holdings on a single platform.

Apple Inc. (NASDAQ: AAPL) ranks among the world's most valuable publicly traded companies. Through Gate's stock service, users can trade Apple shares directly with USDT—no separate traditional brokerage account required—and manage both digital assets and global equities from a single platform.

Tesla (Tesla, Inc., NASDAQ: TSLA) is one of the most closely watched new energy vehicle and artificial intelligence concept stocks globally. Users can trade Tesla stock directly using USDT through Gate's stock services, without opening a separate traditional securities account, and manage both digital assets and global stock assets on the same platform.

Traditional Hong Kong stock investing typically requires opening a securities account and completing identity verification, bank account binding, and fund deposit procedures. With the global advancement of financial digitization, however, more alternatives for investing in Hong Kong stocks have become available. Beyond traditional Hong Kong stock accounts, investors can also participate in the Hong Kong stock market via Stock Connect, Hong Kong stock ETFs, global asset allocation platforms, and digital asset platforms.

SPCX serves as a tokenized stock identifier representing equity exposure tied to SpaceX (Space Exploration Technologies Corp.). As of now, there is no single standardized SPCX on the market. Instead, multiple versions have been issued across various platforms, including SpaceX Tokenized Stock (Backpack), SpaceX Tokenized Stock (xStocks) — SPCXx, SpaceX Tokenized Stock (Ondo) — SPCXon, SpaceX Tokenized bStocks (SPCXB), and SpaceX (Derivatives), among others.

Dinari Financial Network (DFN) is an on-chain securities infrastructure network built by Dinari, providing a standardized framework for the issuance, settlement, and distribution of tokenized stocks and real-world assets (RWA). By connecting securities custodians, issuers, blockchain networks, and application platforms, DFN aims to establish an infrastructure layer that enables the digital circulation of global securities assets.

Dinari is an American fintech company specializing in tokenized stock infrastructure. Its dShares product line transforms real-world equities into on-chain digital assets. The model relies on real securities custody, legal structure design, and blockchain-based issuance, allowing traditional stocks to preserve their asset-backed nature while achieving on-chain liquidity.

Backed Finance is a fintech company that specializes in tokenizing real-world assets (RWAs), mapping traditional financial assets like stocks and ETFs onto blockchain networks through a regulated issuance framework. Its tokenized assets are typically backed by the corresponding underlying securities, with asset mapping relationships maintained through custodians, legal entities, and compliance frameworks.

USDY and OUSG are both tokenized U.S. Treasury products from Ondo Finance, but they target distinct investor profiles and employ different legal structures. USDY is a yield-bearing tokenized note that provides USD yield exposure primarily to eligible international users, while OUSG represents the on-chain representation of U.S. Treasury fund shares, geared more toward institutional and accredited investors. Although both derive their yield from U.S. Treasuries, they differ significantly in access requirements, liquidity design, DeFi compatibility, and regulatory framework.

USDY, USDT, and USDC all provide users with USD exposure, but they are fundamentally different types of on-chain assets. USDY is a yield-bearing USD asset backed by U.S. Treasury bonds and bank deposits, enabling holders to indirectly earn Treasury yields; USDT and USDC are payment stablecoins primarily used for trading, settlement, and value transfer, with the goal of maintaining a near 1:1 peg to the USD. The three exhibit clear distinctions in yield mechanism, underlying asset structure, price performance, regulatory framework, and DeFi application scenarios.

USDC is a stablecoin pegged 1:1 to the U.S. dollar, jointly launched by Circle and Coinbase, and governed by the Centre Consortium.

Both SPCXX and SPCXON are SpaceX-linked tokenized stock products, yet they follow different design approaches. SPCXX prioritizes on-chain liquidity and price tracking, whereas SPCXON aims to replicate a fuller range of stock economic rights on-chain.

xStocks is a tokenized stock issuance network that maps real-world listed company stocks to digital tokens on the blockchain, allowing stock assets to be held, transferred, and traded on-chain. Each xStocks token typically represents a specific amount of underlying stock, with asset backing maintained through custodians, issuers, and a compliance framework.