Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now supports six xStock assets as collateral. The move extends collateral eligibility across three of Bybit’s core lending and margin products: Unified Trading Account (UTA) Loans, Crypto Loans and Institutional Loans.
xStock assets are tokenized representations of some of the world’s most popular publicly traded equities, offering users on-chain exposure to well-known companies within Bybit. With this update, six xStocks can now be used as collateral on Bybit, including NVDAX, HOODX, CRCLX, TSLAX, GOOGLX, AAPL, unlocking the full potential of traders’ xStocks assets.
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The addition reflects Bybit’s continued push to bridge the traditional financial asset class with crypto-native infrastructure, allowing users to put their tokenized equity holdings to work within its lending and margin ecosystem rather than holding them as static positions.
After the upgrade, eligible Bybit retail and institutional users start using any of the six in-scope xStock assets as collateral for margin trading, borrowing funds through crypto loans, and to access Institutional Loans.
The upgrade serves distinct user needs within Bybit for xStocks holders. UTA Loans operate within Bybit’s streamlined UTA structure, allowing eligible holdings to support margin activity in a single account. Crypto Loans provide users with borrowing capacity for trading or withdrawal purposes. Institutional Loans extend similar collateral-backed borrowing to institutional clients, serving larger, more sophisticated market participants.
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