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3h ago

Bybit Lets Six Tokenized Stocks Serve as Collateral for Loans and Margin

The change gives holders new ways to borrow against on-chain shares and signals a push to link traditional market exposure with crypto lending rails.

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Overview

  • Bybit announced Friday that six xStock assets can now be used as collateral across its Unified Trading Account Loans, Crypto Loans and Institutional Loans products.
  • The six eligible xStocks are NVDAX, HOODX, CRCLX, TSLAX, GOOGLX and AAPL, which represent tokenized on-chain exposure to listed companies such as Nvidia, Tesla, Alphabet and Apple.
  • xStocks are blockchain-based tokens that track the value of public equities while operating on networks like Solana, letting holders trade or transfer them on crypto platforms.
  • Access to use these xStocks as collateral depends on Bybit product terms, regional restrictions and account eligibility, and the firm cites Chainlink price feeds and reserve checks plus Solana liquidity tooling as supporting infrastructure.
  • The move turns passive tokenized shares into working collateral that can unlock short-term funds or margin capacity for retail and institutional users and builds on earlier xStocks Alliance and Solana-based deployments that aim to bridge TradFi instruments with crypto-native services.