Bybit Expands Collateral Options by Adding Six xStock Assets
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has added six tokenized equity assets—xStocks—as collateral across its margin trading and lending products. The supported xStocks include NVDAX, HOODX, CRCLX, TSLAX, GOOGLX, and AAPL. This update allows users to leverage their on-chain representations of traditional equities for UTA Loans, Crypto Loans, and Institutional Loans. The move aims to bridge the gap between traditional finance and crypto infrastructure by enabling xStock holders to utilize these assets dynamically within Bybit's ecosystem rather than holding them passively. The integration caters to both retail and institutional users seeking enhanced flexibility in collateral usage for trading or borrowing purposes.
Tickers: $AAPL $GOOGL $HOOD $NVDA $TSLA
Topics: collateral cryptocurrency institutional loans margin trading xStocks