Valr, Africa’s largest crypto exchange by trade volume, launched Xstocks on its platform, offering the continent’s first crypto exchange based on details shared with Finbold on July 31.
The service allows customers to gain price exposure to major US companies such as Tesla, Nvidia, Robinhood, Circle, and Coinbase through tokenization.
Valr co-founder and CEO Farzam Ehsani highlighted the importance of launching the African market.
“The launch of Xstocks on our platform represents a pivotal moment to advance access to innovative products that bring choice and inclusion to South Africans. We plan to make our products available continentally and globally in the near future. We reaffirm our commitment to bringing innovation and progress to an incredible community of VALR users.”
David Henderson, Head of Growth at Backed, commented on the potential for global expansion of the partnership.
“We look forward to having XStocks in Valr. We mark another step in the Xstocks mission, bringing tokenized stocks to users around the world on the platforms we use. We have seen incredible adoption of these assets, allowing users from Africa to access Valr and participate in the iconic capital market.”
The introduction reflects the growth trend of tokenizing real-world assets and filling traditional funds into the cryptocurrency market.
XStocks explained
XStocks is a 1:1 collateral tokenized representation of stocks and ETFs in the US list supported in May 2025. The token provides price exposure, but does not grant ownership, voting rights, or other shareholder privileges to the holder.
Users can exchange these tokens at Valr’s spot market for other cryptocurrencies such as USDT, Bitcoin or Ethereum, or South African Rands.
Tokens can be deposited and withdrawn via the Solana network for cross-platform transactions. The launch follows the recent introduction of Valr’s Garrington Capital USD Private Credit Token (USDPC) as part of the Valr Invest Initiative.
Special images via ShutterStock.
