Bybit, the world's second-largest cryptocurrency exchange, announced the listing of tokenized xStocks on its platform. This event aims to simplify user access to global financial markets.
Listing of Tokenized xStocks on Bybit
On June 30, 2025, Bybit announced the listing of xStocks, a series of tokenized stocks and ETFs, on its platform. This marks a significant step in Bybit's mission to bridge traditional and digital finance.
Benefits of Tokenized Stocks
Users can now trade tokenized stocks and ETFs directly on the Bybit platform, offering the following opportunities:
* Fractional ownership * Access to on-chain liquidity * 24/7 trading * Portfolio diversification with real-world assets
Partnership with Backed and Its Significance
The partnership with Backed, a Swiss issuer of tokenized financial instruments, played a key role in facilitating the listing of xStocks. According to Emily Bao, Head of Spot at Bybit, this collaboration strengthens user access to traditional financial instruments.
The listing of tokenized stocks on Bybit opens new horizons for traders, uniting traditional and crypto assets, and affirming Bybit's role in developing a more open financial infrastructure.
