Mantle Network Unveils Tokenized Equities Powered by Backed, Bybit

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2025-11-08 00:10

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Expand The Ethereum L2 will soon unlock 24/7 trading for NVDA, AAPL, and MSTR....

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Mantle Network, an EVM-compatible Ethereum Ethereum Layer 2 blockchain associated with centralized cryptocurrency exchange Bybit, has partnered with Backed Finance to issue onchain tokenized equities.

What's the Scoop?

Onchain Stocks: Backed Finance will soon deploy tokenized shares of major public companies – including Nvidia, Apple, Microsoft, and Strategy – to the Mantle Layer 2 blockchain.
Bybit Integrations: Mantle users will enjoy day-one support through Bybit, allowing traders to deposit and withdraw funds directly to Mantle for a seamless onboarding experience into tokenized equities.
xStocks Momentum: Backed’s tokenized equity products, xStocks, were previously deployed to the Solana Network in partnership with crypto exchange Kraken and have experienced over $1.6B in onchain trading volume.

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