NewsCryptoBybit Integrates xStocks Into Dual Asset Product, Becoming First Exchange to Offer Tokenized Stocks as Underlying Assets

Bybit Integrates xStocks Into Dual Asset Product, Becoming First Exchange to Offer Tokenized Stocks as Underlying Assets

Author: CaptainAltCoin·

Key Takeaways

  • Bybit is the first centralized cryptocurrency exchange to offer tokenized equities as underlying assets within a structured yield product.
  • The integration supports six tokenized stocks issued by xStocks on the Solana blockchain, covering SpaceX, NVIDIA, Apple, Alphabet, Coinbase, and Amazon.
  • Users can participate with investment periods of 8 hours, 1 day, or 7 days, staking between 30 and 200,000 USDT per order.
  • The Dual Asset product is non-principal-protected, meaning settlement outcomes depend on how the underlying stock price moves relative to a user-selected target price.
  • This development follows growing institutional adoption of on-chain asset tokenization by firms such as BlackRock and Franklin Templeton, extending the trend to retail-accessible equity exposure.
Bybit Integrates xStocks Into Dual Asset Product, Becoming First Exchange to Offer Tokenized Stocks as Underlying Assets

DUBAI, UAE — July 23, 2026 — Bybit, the world's second-largest cryptocurrency exchange by trading volume, has integrated xStocks into its Dual Asset structured yield product, making it the first centralized exchange to offer tokenized equities as underlying assets in a product of this kind.

The six newly supported tokens represent publicly traded companies across aerospace, technology, and financial services. They include tokenized shares of SpaceX, NVIDIA, Apple, Alphabet, Coinbase, and Amazon, all issued by xStocks, a tokenization platform that issues these stock-backed tokens on the Solana blockchain through Swiss-based Backed Finance. The selection spans sectors driving current market attention, from AI and semiconductor demand to cloud computing, digital asset infrastructure, and space technology.

Using Bybit's established Dual Asset mechanism, users select an xStock pair, a target price, and an investment period to pursue yield based on their expectations for the underlying stock's price movement. Supported investment durations are 8 hours, 1 day, and 7 days, with subscription amounts ranging from 30 to 200,000 USDT per order.

The expansion marks Bybit's move to bring tokenized U.S. equities into one of its most popular structured investment products, as tokenized real-world assets continue to gain traction across the crypto industry. The development comes amid a broader wave of institutional engagement with on-chain asset tokenization, with firms such as BlackRock and Franklin Templeton launching tokenized treasury and money market funds on public blockchains, signaling growing acceptance of blockchain-based representations of traditional financial instruments. Bybit's integration extends that trend from institutional treasury products into retail-accessible equity exposure through structured yield tools.

The integration introduces additional use cases for xStocks on Bybit's platform. Users can earn yield while awaiting a preferred entry or exit price on a tokenized stock position, or gain exposure to selected equities through a structured, time-bound product rather than through direct spot purchases.

"Dual Asset has been one of the ways our users turn market conviction into yield. Extending that same mechanism to tokenized equities reflects where investor interest is heading, as crypto-native audiences look to engage with sectors across AI, tech, and space exploration, through tools they already understand," said Jerry Li, Head of Earn and Wealth Management at Bybit.

Dual Asset is a non-principal-protected investment product that offers expected fixed returns upon successful subscription. Users choose an asset pair, investment period, and target price based on their market outlook and risk tolerance. The final settlement asset is determined by how the price moves relative to the target price at settlement.

The product has already shown strong adoption as one of Bybit's flagship structured offerings. With the addition of xStocks and growing interest in tokenized real-world assets, Bybit reports that more crypto users are seeking new ways to monetize their market views on tokenized stocks.

Dual Asset with xStocks underlying assets is now live on the Bybit platform. Additional details on supported products, eligibility, and mechanics are available through Bybit's official announcement. The Dual Asset product page also provides further information.

Terms and conditions apply, and users are advised to review the Risk Factors for this product before participating.

About Bybit

Bybit describes itself as "The New Financial Platform," aiming to provide access to financial opportunities globally. The exchange reports over 80 million users worldwide and offers investing, trading, payments, and wealth-building services within a single ecosystem. Bybit combines AI-powered technology, deep global liquidity, and security infrastructure. For more information, visit Bybit.com or the Bybit Press page.