Ben Zhou announces tokenized xStocks launch for on-chain equities
@benbybit: Ben Zhou launches xStocks
Ben Zhou, co-founder and CEO of Bybit, has announced a significant expansion of the trading platform with the upcoming launch of xStocks. This new feature aims to offer tokenized stocks of major companies such as Apple, Tesla, and Nvidia, tradable on-chain.
The xStocks will be DeFi-compatible and available for fractional, borderless trading, indicating a new era of asset accessibility. Powered in collaboration with xStocksFi, this development signals the integration of traditional finance products into the blockchain universe, providing a seamless experience for users seeking diverse investment options.
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Bybit's push to integrate tokenized stocks further illustrates Ben Zhou's strategic efforts to reshape on-chain finance, following initiatives such as the launch of Byreal on Solana that blended CEX liquidity with DeFi transparency. This continued emphasis on real assets and seamless execution recalls Zhou's earlier preview of the Byreal platform, underscoring a broader commitment to bridging traditional and digital financial markets.
In the previous news, tweet author Ben Zhou discussed crypto platform enhancements.
