Story perspectives

New xStocks Platform Tokenizes U.S. Equities for Global Investors

11/8/2025

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Summary

Story summary

Mantle, Bybit, and Backed formed a partnership to tokenize U.S. equities like Nvidia and Apple via a product named xStocks.
The xStocks offering lets non-U.S. investors trade these digital assets 24/7 on the Mantle blockchain, backed 1:1 by real-world securities.
Over $1.6 billion in transaction volume has been recorded via xStocks.
The partnership aims to bridge traditional finance with decentralized finance (DeFi), enabling collateralization and fractional stock ownership.

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Story summary

Mantle, Bybit, and Backed formed a partnership to tokenize U.S. equities like Nvidia and Apple via a product named xStocks.
The xStocks offering lets non-U.S. investors trade these digital assets 24/7 on the Mantle blockchain, backed 1:1 by real-world securities.
Over $1.6 billion in transaction volume has been recorded via xStocks.
The partnership aims to bridge traditional finance with decentralized finance (DeFi), enabling collateralization and fractional stock ownership.