Bybit has taken a significant step in integrating tokenized equities into its trading ecosystem. On July 31, 2026, the exchange announced that six xStock assets are now eligible as collateral across its margin and lending products, while separately launching new perpetual contracts for three additional tokenized stocks.
The six xStock assets added as collateral are NVDAX, HOODX, CRCLX, TSLAX, GOOGLX, and AAPL. These instruments provide tokenized exposure to major publicly traded companies in sectors like semiconductors, electric vehicles, and digital platforms. Eligible retail and institutional users can now deploy these assets within Unified Trading Account Loans, Crypto Loans, and Institutional Loans, effectively allowing them to borrow or engage in margin trading while maintaining their equity exposure.
This move transforms passive tokenized stock holdings into active collateral, improving capital efficiency but also introducing additional risks. If the value of the underlying equity drops, borrowers may face margin calls or liquidation. Bybit emphasized that users must understand loan-to-value ratios, haircuts, and liquidation thresholds before using these assets as collateral.
Simultaneously, Bybit launched perpetual contracts for BRKBUSDT, PYPLUSDT, and MAUSDT, representing Berkshire Hathaway, PayPal, and Mastercard respectively. These contracts cater to demand for TradFi-linked derivatives, though initial trading volumes were not reported. The expansion signals Bybit’s commitment to blending traditional finance instruments with crypto-native infrastructure, potentially attracting both retail and institutional traders.
