Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Bybit now lets eligible retail and institutional users use six tokenized stocks as collateral for margin trading and lending: Nvidia, Robinhood, Circle, Tesla, Alphabet, and Apple. The feature works through Bybit’s Unified Trading Account, Crypto Loans, and Institutional Loans, subject to product and lending terms. Bybit added xStocks in June via a partnership with Backed, listing more than 60 tokenized U.S. stocks and ETFs on its spot market. These assets are backed 1:1 by regulated custodians. Other exchanges are also expanding tokenized equities use as collateral. Kraken and Bitget have launched similar support. The tokenized equities market has grown rapidly, with distributed value rising from about $361 million in late July 2025 to roughly $1.72 billion today.
