Bybit Launches mStocks: 24/7 Trading of Tokenized Stocks

Bybit announced the launch of its mStocks service in November, offering users round-the-clock trading of tokenized stocks in partnership with Mantle.

Each token will be backed by a real stock at a one-to-one ratio. Users will be able to freely exchange traditional securities for tokens and vice versa.

New tokens can be used as collateral for trading other assets on the platform. Bybit promises more favorable terms compared to its existing xStocks product.

• Tokenized stocks will be available for trading on decentralized exchanges (DEX) on the Mantle network
• The mStocks service will launch in November, while xStocks are already available to users