Gate has added Kioxia Holdings Corporation (285A.T) to its futures stocks section, launching a KIOXIA/USDT perpetual pair that opened for trading on August 6, 2026, at 02:00 UTC. The listing supports leverage of up to 20x.
Why Kioxia Is Drawing Attention
The listing lands just days after Kioxia, the Tokyo-listed NAND flash memory maker spun off from Toshiba, reported record fiscal first-quarter results. The company posted revenue of roughly ¥1.77 trillion and non-GAAP operating income of ¥1.33 trillion — a 75% operating margin — driven by surging AI-server demand for its flash memory chips. Data center and enterprise SSD sales now account for more than 60% of Kioxia's revenue, with average selling prices up roughly 70% year-over-year. The company also announced an ¥800 billion share buyback program alongside the results.
Kioxia has climbed to become one of Japan's most valuable companies in the roughly 18 months since its spinoff, and is reportedly working toward a U.S. American Depositary Share listing to broaden its access to institutional investors — a step that would make the stock more directly accessible to global traders beyond its primary Tokyo listing.
Tokenized Access Ahead of Broader Listings
By offering leveraged futures exposure to Kioxia now, Gate is giving crypto-native traders a way to speculate on the stock's momentum ahead of any formal U.S. listing, similar to how other exchanges have used tokenized and derivative stock products to offer early or after-hours access to high-demand equities. With NAND flash pricing tied closely to AI infrastructure buildout, Kioxia's results — and the futures market now tracking them — sit at the intersection of two of 2026's biggest trading narratives: AI-driven hardware demand and the growth of tokenized equity products on crypto exchanges.
