Eight Years In, XT Exchange’s Job Keeps Changing

XT Exchange, a digital asset trading platform founded in 2018, listed tokenized equity products on its spot market in January 2026, added an event-market venue in May and USDT-margined perpetual futures referencing US-listed companies in July. The additions came during a 2026 crypto downturn in which the total crypto market value fell by roughly half, while Chainalysis’s 2026 Global Crypto Adoption Index recorded a 1.6 percent decline in on-chain economic activity. That contrasted with 2022–23, when a smaller price decline coincided with a 23 percent fall in activity, which the report said suggested some crypto uses are less tied to market prices. XT Pay lets eligible users in supported markets pay merchants from a USDT balance.