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Mantle partners with Bybit and Backed to launch on-chain US stocks, leading the next trillion-dollar wave of tokenized assets.

Deep Tide TechFlow News, November 7th, Mantle announced a strategic partnership with Bybit and Backed to bring tokenized US stocks to the Mantle chain via xStocks, enabling 24/7 access to leading global assets. The xStocks tokens issued by Backed are backed 1:1 by underlying securities assets, redefining the interaction between traditional markets and blockchain technology.

Under this new mechanism, Mantle and Bybit users can obtain tokenized versions of leading stocks such as NVDAx, AAPLx, and MSTRx through xStocks. Bybit will fully support access to xStocks via the Mantle network, enabling seamless connection between CEX and on-chain assets.

This partnership marks an important milestone for Mantle, the largest Ethereum ZK proof-driven Layer 2 network, in expanding its RWA ecosystem.

Note: xStocks is not available to residents or regions in the United States.

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