#Cryptocurrency #USA #Bybit #Dubai #xStocks

Bybit Bridges the Gap Between Crypto and Traditional Markets with xStocks

Bybit, recognized as the second-largest cryptocurrency platform globally by trading volume, has taken a significant step in enhancing its financial offerings. On June 30, 2025, the exchange announced the introduction of xStocks, a collection of tokenized U.S. equities and ETFs available to its users on the Spot platform. This initiative marks a vital milestone in Bybit's mission to amalgamate traditional finance with digital assets, thereby unlocking new avenues for investment and participation in global markets through blockchain technology.

The Essence of xStocks

The listing of xStocks is a collaborative endeavor with Backed, a Swiss-based issuer specializing in tokenized financial products. The xStocks series, which was launched in May 2025, comprises over 60 prominent U.S.-listed equities and ETFs, such as tech giants like Apple, Tesla, and NVIDIA, along with the S&P 500 ETF (SPY). These tokenized assets are pegged to their actual counterparts, allowing for seamless transferability and accessibility across various platforms including Ethereum (ERC-20) and Solana (SPL).

Emily Bao, the Head of Spot at Bybit, articulated the company's commitment to merging traditional finance with the innovative world of cryptocurrencies. "By listing these tokenized equities and ETFs, we’re not only adding new financial products but empowering our users with expanded choices and deeper flexibility within the secure, seamless Bybit environment. xStocks was the obvious choice to facilitate this access," stated Bao.

Bybit TradFi: A New Trading Experience

The addition of xStocks follows on the heels of Bybit TradFi, a comprehensive trading interface that enables users to access a variety of assets—from gold and forex to stock CFDs, indices, and commodities—all within the Bybit platform. Together, Bybit TradFi and xStocks equip traders with tools that cater to diverse preferences, whether for short-term speculation or long-term portfolio diversification via tokenized assets.

According to Adam Levi, a co-founder of Backed, the partnership with Bybit is a pivotal moment in broadening the audience for tokenized equities. He remarked, "This integration allows millions of new users to access tokenized equities, significantly contributing to the journey of establishing a more connected financial ecosystem. Bybit's leading position in the exchange landscape makes them an ideal collaborator as we expand xStocks to a global audience."

A Paradigm Shift in Market Access

With the activation of xStocks on Bybit, users are now able to:

• - Trade tokenized stocks and ETFs directly on the Bybit Spot platform.
• - Experience fractional ownership, which lowers the barriers to entry.
• - Utilize on-chain liquidity, ensuring global accessibility.
• - Engage in 24/7 trading, unrestricted by conventional market hours.
• - Diversify their portfolios with exposure to real-world assets through a blockchain network.

Emily further emphasized the transformative aspect of Bybit TradFi, stating, "We are equipping our users with the necessary tools to derive value from traditional markets while remaining within the crypto ecosystem. Our partnership with xStocks underlines our passion for delivering inclusive and flexible access to finance.”

As the cryptocurrency landscape rapidly evolves, Bybit is at the forefront of this transformation, bridging users not only to the modern landscape of finance but also to the timeless opportunities within Wall Street—all reimagined through blockchain technology. The xStocks service is set to roll out to selected Bybit users in the upcoming weeks, promising to reshape how users engage with the stock market.

An Emerging Trend in Financial Services

The launch of xStocks highlights the increasing convergence of traditional finance and cryptocurrency, showcasing a future where digital assets become integral to the investment ecosystem. By facilitating access to tokenized equities, Bybit is paving the way for a new generation of investors who seek the advantages of both worlds in a user-friendly environment.

For more information about Bybit and the newly launched xStocks, users can visit Bybit’s official site.