VALR Launches xStocks in South Africa – Now Trade U.S. Equities Like Never Before!
South Africa's crypto giant VALR just dropped a game-changer: xStocks. Suddenly, U.S. equities aren’t just for Wall Street elites.
Breaking Down the Barrier
No more jumping through hoops—VALR’s new platform lets South African investors tap directly into U.S.-listed stocks. Think Tesla, Apple, NVIDIA—without the usual brokerage headaches.
Why It Matters
Emerging markets often get scraps when it comes to global equities. VALR’s move flips the script—democratizing access while traditional banks scramble to keep up.
The Fine Print
Regulatory hurdles? Probably. But VALR’s betting that hungry investors care more about returns than paperwork. (And let’s be honest—since when has finance ever waited for permission?)
Bottom Line
Another brick knocked out of the old financial walled garden. Meanwhile, legacy brokers are sweating over their 1% fees—wonder how long before they ‘innovate’ by copying this?
VALR says Solana works for deposits and withdrawals
According to VALR, its xStock offering will be available on solana for deposits and withdrawals. The company said it was joining a growing trend of tokenizing RWAs (Real World Assets). With this move, VALR hopes to bridge the gap between the crypto industry and traditional finance. Extending its xStocks offering to Solana will empower its users to gain exposure in trading stocks of large multinationals.
VALR recently launched the Garrington Capital USD Private Credit Token (USDPC) as part of its VALR Invest program. Its yield-generating token represents the company’s commitment to delivering financial products that promote portfolio diversification.
“The launch of xStocks on our platform represents a pivotal moment in advancing access to innovative products that bring choice and inclusion to people in South Africa, with a plan to make the product available to the continent and globally in the NEAR future.”
-Farzam Ehsani, Co-Founder and CEO of VALR
Ehsani emphasized that his company was “forging a financial system” that overcame barriers by merging traditional finance and blockchain technology. He pointed out that the initiative strengthened the company’s global profile. It also reaffirmed VALR’s commitment to providing its community with innovative products.
Henderson claims xStocks have received ‘incredible adoption’
David Henderson, the Head of Growth at xStock issuer Backed, was excited about his company’s role in bringing more exposure to tokenized RWAs. He pointed out that the xStocks offering had “seen incredible adoption” and the company hoped its new African customer base could participate en masse in tokenized capital markets.
VALR disclosed that it currently serves more than 1.4K institutional and corporate clients and over 1.5 million global users. The company revealed that its “comprehensive suite of crypto products” included OTC trading, Spot trading, staking, Spot margin, lending, Subaccount, futures, VALR Pay, API services, and simple buy-and-sell.
The company also revealed that the FSCA licensed it to offer its services in South Africa and approved its service to parts of the EU. VALR said it had secured $55 million in equity funding from investors, including F-Prime (affiliated with Fidelity), Coinbase Ventures, Pantera Capital, and GSR.