KuCoin has added perpetual futures trading for CXMT to its Web3 Wallet, giving users exposure to China's newly listed DRAM memory chipmaker with leverage of up to 10x. The listing puts CXMT alongside a growing lineup of tokenized equity derivatives that exchanges have been rolling out as demand for stock-linked crypto products increases.
CXMT, a major producer of dynamic random-access memory chips, has drawn trader interest following its recent listing as AI-driven demand for memory hardware accelerates across the semiconductor industry.
Part of a Broader Push Into Tokenized Stocks
The CXMT perpetual listing reflects a wider trend among crypto exchanges racing to offer tokenized access to in-demand equities without requiring users to hold traditional brokerage accounts. By housing the product inside its Web3 Wallet rather than its core spot exchange, KuCoin is positioning the offering toward users who prefer self-custody access to derivatives trading.
The move comes as other exchanges have simultaneously rolled out their own CXMT-linked products, underscoring how quickly memory-chip exposure has become a competitive front among crypto trading platforms looking to capture interest in AI-adjacent hardware stocks.
