Global cryptocurrency exchange Bybit has announced the integration of xStocks tokenized stocks and ETFs on its spot trading platform. This strategic move accelerates Bybit's mission to connect traditional finance with decentralized ecosystems, offering users unprecedented access to global markets through blockchain technology.
Key Features of xStocks on Bybit
Developed in partnership with Swiss tokenization leader Backed, the xStocks series includes:
- 60+ tokenized assets including Apple, Tesla, Nvidia, and SPDR S&P 500 ETF (SPY)
- 1:1 asset-backed tokens available on Ethereum (ERC-20) and Solana (SPL) networks
- Seamless interoperability across CEXs, DeFi protocols, and Bybit's ecosystem
👉 Discover how tokenized stocks revolutionize investing
Why This Matters for Crypto Traders
Emily Bao, Head of Spot Trading at Bybit, explains: "xStocks represents more than product expansion—it's about delivering true financial sovereignty. Users gain:
- Fractional ownership lowering investment thresholds
- 24/7 trading beyond traditional market hours
- Portfolio diversification through verified real-world assets
- Unified access via Bybit's secure infrastructure"
The launch follows Bybit's recent TradFi platform introduction, creating a comprehensive gateway for:
- Spot crypto trading
- Traditional asset CFDs (forex, commodities)
- Now tokenized securities
Industry Impact and Availability
Backed co-founder Adam Levi notes: "Bybit's integration brings tokenized stocks to millions worldwide—a critical step toward open finance infrastructure."
The service will roll out progressively to select Bybit users over coming weeks.
👉 Explore Bybit's evolving financial ecosystem
Frequently Asked Questions
Q: How do tokenized stocks differ from traditional shares?
A: They represent blockchain-based ownership of underlying securities with enhanced liquidity and accessibility features.
Q: Are xStocks available globally?
A: Availability depends on local regulations—users should verify compliance in their jurisdiction.
Q: What custody solutions protect these assets?
A: Backed employs institutional-grade custody with regular attestations for all collateralized tokens.
About Bybit
As the world's second-largest crypto exchange by volume, Bybit serves 70M+ users with:
- Web3-focused infrastructure
- Secure multi-chain support
- Intuitive trading interfaces
- Institutional-grade security protocols