Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the listing of xStocks a series of tokenized U.S. equities and ETFs—on its Spot platform. This move marks a major milestone in Bybit’s mission to bridge the gap between traditional and digital finance, offering users unprecedented access to global financial markets through blockchain technology.
Financial Technology Insights: Oracle Unveils Trade Finance Cloud to Accelerate Capital Access
The listing is made possible through a partnership with Backed, the Swiss-based issuer of tokenized financial instruments. xStocks, launched by Backed in May 2025, represents over 60 U.S.-listed equities and ETFs including Apple, Tesla, NVIDIA, and SPY—tokenized and pegged 1:1 to their real-world counterparts. These assets are freely transferable and compatible with both Ethereum (ERC-20) and Solana (SPL), ensuring wide accessibility across centralized exchanges, DeFi protocols, and now, the trusted Bybit ecosystem.
“At Bybit, we’re committed to bringing the best of both traditional and digital finance to our global community,” said Emily Bao, Head of Spot at Bybit. “By listing tokenized equities and ETFs, we’re not just adding new products—we’re empowering our users with greater choice, deeper flexibility, and more control, all within the secure and seamless Bybit experience. xStocks was the clear choice to help us deliver this unparalleled access.”
Financial Technology Insights: Klarna & Bolt Partner for One-Click U.S. Payments
This listing follows the recent launch of Bybit TradFi, a unified trading interface that enables users to trade gold, forex, stock CFDs, indices, and commodities directly from the Bybit app. Together, Bybit TradFi and xStocks offer a varied and powerful toolkit to serve different trading preferences—from short-term speculation on global macro trends to long-term portfolio diversification via tokenized assets.
“We’re excited to welcome Bybit to the xStocks Alliance,” said Adam Levi, co-founder of Backed. “This integration puts tokenized equities into the hands of millions of new users and is a significant step toward building a more open and connected financial system. Bybit’s leadership in the exchange space makes them an ideal partner as we scale xStocks access globally.”
Unlocking a New Era of Market Access
With xStocks now live on Bybit, users can:
- Trade tokenized stocks and ETFs directly on the Bybit Spot platform
- Enjoy fractional ownership, lowering barriers to entry
- Benefit from on-chain liquidity and global accessibility
- Tap into 24/7 trading, unbound by traditional market hours
- Access on-chain liquidity, bridging CeFi and DeFi
- Diversify portfolios with exposure to real-world assets
“With the launch of Bybit TradFi, we’re equipping our users with the tools they need to unlock value from traditional markets without ever leaving the crypto ecosystem,” added Emily. “Our partnership with xStocks strengthens our resolve to deliver more inclusive, borderless, and flexible financial access.”
Financial Technology Insights: Nuvei Now a Direct Local Acquirer in Canada
As the crypto space evolves, Bybit remains at the forefront—connecting users not only to the future of finance, but also to the enduring opportunities of Wall Street, reimagined on-chain.
The service will be available to selected Bybit users in the coming weeks.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com
Source: prnewswire
