TechFlow, November 7 — Mantle has announced a strategic partnership with Bybit and Backed to bring tokenized U.S. equities to the Mantle blockchain via xStocks, enabling partial 7×24 access to leading global assets. xStocks tokens issued by Backed are backed 1:1 by underlying securities assets, redefining the interaction between traditional markets and blockchain technology.
Under the new mechanism, Mantle and Bybit users can gain access to tokenized versions of leading stocks such as NVDAx, AAPLx, and MSTRx through xStocks. Bybit will fully support depositing and withdrawing xStocks via the Mantle network, enabling seamless connectivity between centralized exchanges and the blockchain.
This collaboration marks a significant milestone for Mantle—the largest Ethereum ZK-proof-driven Layer 2 network—in expanding its presence within the RWA ecosystem.
Note: xStocks is not available to users or residents in the United States.
