Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of xStocks tokenized U.S. stocks and ETFs on its spot trading platform. This strategic move represents a pivotal advancement in Bybit's mission to seamlessly integrate traditional finance with digital assets, empowering users to access global markets through blockchain technology.
Strategic Partnership with Backed
The new offering is powered by Swiss tokenization pioneer Backed, which launched the xStocks series in May 2025. The portfolio includes:
- 60+ blue-chip assets: Apple, Tesla, Nvidia, and SPDR S&P 500 ETF (SPY)
- Dual-chain compatibility: ERC-20 (Ethereum) and SPL (Solana) standards
- Full collateralization: 1:1 pegged tokens redeemable for underlying securities
Executive Insights
Emily Bao, Head of Spot Trading at Bybit, emphasizes:
"Tokenized securities aren't just new products—they're gateways to financial sovereignty. xStocks delivers uncompromising flexibility while maintaining Bybit's signature security and liquidity."
Adam Levi, Co-Founder of Backed, adds:
"Bybit's integration accelerates our shared vision for borderless finance. Their 70M+ user base will experience Wall Street opportunities reimagined for the blockchain era."
Transformative Trading Features
With xStocks on Bybit, traders gain:
- 24/7 Market Access
Trade beyond traditional exchange hours (9:30 AM - 4:00 PM EST) - Fractional Ownership
Invest in high-value stocks with as little as $1 - Cross-Platform Liquidity
Seamlessly move assets between CEXs, DeFi protocols, and Bybit's ecosystem - Portfolio Diversification
Combine crypto volatility with traditional asset stability
👉 Discover how tokenization is reshaping investing
Synergy with Bybit TradFi
The launch follows Bybit's recent TradFi initiative, which offers:
| Product Category | Examples |
|---|---|
| Commodities | Gold, oil |
| Forex | EUR/USD, GBP/JPY |
| CFDs | Tesla, Amazon stocks |
Together, TradFi and xStocks create a unified platform for both:
- Short-term traders capitalizing on macroeconomic trends
- Long-term investors building diversified portfolios
Implementation Timeline
- Phase 1: Limited user rollout (June 2025)
- Phase 2: Full platform integration (Q3 2025)
- Future Plans: Expansion to European and Asian markets
👉 Join the tokenized assets revolution today
FAQs
Q: Are xStocks legally compliant?
A: Yes, all tokens are fully regulated under Swiss financial law with transparent audits.
Q: How does settlement work?
A: T+2 settlement mirrors traditional markets, with blockchain-enabled transparency.
Q: Can I transfer xStocks to self-custody wallets?
A: Absolutely—ERC-20/SPL compatibility enables withdrawals to any supported wallet.
Q: What are the tax implications?
A: Consult local regulations; tokenized stocks may incur capital gains taxes like their traditional counterparts.
About Bybit
Ranked #2 globally by trading volume, Bybit serves 70M+ users with:
- Web3 infrastructure: Cutting-edge blockchain tools
- Institutional-grade security: 98% cold wallet storage
- Educational resources: Free trading courses and market analysis
Explore decentralized finance at Bybit.com.
Keywords: tokenized stocks, Bybit xStocks, blockchain ETFs, fractional investing, Backed finance, crypto-traditional fusion, 24/7 trading, digital assets
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