Bybit Introduces xStocks Tokenized Stocks, Bridging the Gap to Wall Street

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Bybit has announced the launch of xStocks on its spot trading platform—a series of tokenized U.S. stocks and ETFs designed to merge traditional finance with digital assets. This initiative, achieved through a partnership with Swiss tokenized financial instrument issuer Backed, empowers users with broader access to global financial markets.

Dubai, UAE — June 30, 2025
As the world’s second-largest cryptocurrency exchange by trading volume, Bybit continues its mission to democratize finance. The xStocks offering includes over 60 U.S.-listed stocks and ETFs (e.g., Apple, Tesla, NVIDIA, SPY), each tokenized at a 1:1 ratio with their real-world counterparts. These assets are transferable and compatible with Ethereum (ERC-20) and Solana (SPL), ensuring seamless integration across centralized exchanges, DeFi protocols, and Bybit’s ecosystem.

Key Features of xStocks on Bybit

Emily Bao, Head of Bybit Spot, emphasized:
"By listing tokenized stocks, we’re not just expanding our product suite—we’re granting users unparalleled flexibility and control within Bybit’s secure environment."

Strategic Collaboration with Backed

Adam Levi, Co-founder of Backed, noted:
"Partnering with Bybit accelerates our vision for an open, interconnected financial system. Their reach makes them ideal for globalizing xStocks access."

The launch follows Bybit’s recent TradFi interface, which enables trading of gold, forex, CFDs, and commodities—further solidifying its hybrid finance ecosystem.

👉 Discover how tokenization is reshaping investing


FAQ Section

Q: How do tokenized stocks differ from traditional shares?
A: Tokenized stocks mirror traditional equities but trade 24/7 on blockchain networks, enabling fractional ownership and global liquidity.

Q: Are xStocks compliant with regulations?
A: Yes, Backed ensures full compliance via Swiss-regulated 1:1 asset backing and transparent audits.

Q: Can I transfer xStocks to a private wallet?
A: Yes, ERC-20/SPL compatibility allows transfers to compatible wallets or DeFi platforms.


Why This Matters

Bybit’s integration of xStocks reflects a broader industry shift toward asset tokenization, merging TradFi’s stability with crypto’s efficiency. For investors, this means:

👉 Explore Bybit’s TradFi tools today


Disclaimer: This content is provided for informational purposes only and does not constitute financial advice. Services are subject to jurisdictional availability.