Bybit Launches Tokenized U.S. Stocks on Mantle, MNT Jumps 10%

• Bybit partners with Mantle and Backed to tokenize U.S. equities like NVDA, AAPL, and MSTR onchain.
• The collaboration introduces 24/7 access to tokenized stocks via Mantle’s scalable blockchain infrastructure.
• Mantle (MNT) price surged 10% to $1.34 as traders priced in the platform’s expanding role in real-world assets.

Mantle (MNT) rallied 10% to $1.34 on Friday, as Bybit confirmed plans to launch xStocks, a new class of onchain tokenized equities built on the Mantle network. The initiative, developed with tokenization firm Backed, will enable 24/7 access to leading U.S. stocks, including NVDAx, AAPLx, and MSTRx tracking NVIDIA, APPLE, and Strategy, respectively.

At launch, Bybit will support deposits and withdrawals of xStocks directly via Mantle, streamlining the process of moving assets between centralized exchanges and onchain networks.

The team also con…

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