Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the integration of xStocks into its Dual Asset product, making it the first centralized exchange to offer xStocks as underlying assets for a structured yield product of this kind.

The six newly supported tokens track publicly traded companies spanning aerospace, technology, and financial services. They include tokenized versions of shares in SpaceX, NVIDIA, Apple, Alphabet, Coinbase, and Amazon, all issued by xStocks. The selection covers companies at the center of current market attention, ranging from AI and semiconductor demand to cloud computing, digital asset infrastructure, and space technology.

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

As tokenized real-world assets continue to gain momentum across the industry, Bybit is expanding Dual Asset beyond crypto, bringing tokenized U.S. stocks into one of its most popular structured investment products. The move reflects the accelerating convergence between traditional finance and blockchain-based markets, as tokenization brings real-world assets on-chain and creates new avenues for investors to interact with them through familiar crypto-native mechanisms. For exchanges and product providers, the integration also shows how tokenized equities are being tested beyond spot trading, with structured products becoming another venue for on-chain exposure to traditional-market assets.

The addition introduces new use cases for xStocks on Bybit, including earning yield while awaiting a preferred entry or exit price on a tokenized stock position, and gaining exposure to selected equities through a structured, time-bound product rather than a direct spot purchase.

"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 offering expected fixed returns upon successful subscription. Users select an asset pair, investment period, and target price based on their market view and risk appetite, with the final settlement asset determined by price movement relative to the target price at settlement. In practice, that settlement design makes the product different from simply buying and holding a tokenized stock, because the outcome depends on both the selected target price and the asset's price at the end of the chosen term.

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

Dual Asset with xStocks underlying assets is now available on the Bybit platform. Additional details on supported products, eligibility, and mechanics are available through Bybit's official channels.