Bybit Teams With Backed to Bring Tokenized U.S. Equities to Mantle Blockchain

TL;DR:

• Bybit and Backed launch tokenized Nvidia and MicroStrategy stocks on Mantle.
• Tokens are 1:1 backed and compliant with Swiss and EU regulations.
• The move expands access to real-world assets through blockchain integration.

Bybit is expanding its ecosystem with a strategic move into tokenized assets. The exchange announced a partnership with Backed to introduce tokenized versions of major U.S. equities, including Nvidia (NVDA) and MicroStrategy (MSTR), on the Mantle blockchain. The initiative aims to connect traditional financial markets with decentralized ecosystems, giving global users access to regulated, blockchain-based representations of high-demand stocks.

Powering the next era of onchain markets with @Mantle_Official.
Tokenized equities are just the beginning. 🚀#Bybit #CryptoArk https://t.co/s3PfuomjB9

— Bybit (@Bybit_Official) November 7, 2025

Tokenized Equities Arrive on Mantle

The partnership leverages Backed’s infrastructure to issue fully collateralized tokens that mirror real U.S. equities, each backed 1:1 with traditional shares held by a licensed custodian in Switzerland. These tokens, compliant with European regulations, allow users to gain exposure to leading American companies without directly holding the underlying securities. Bybit’s integration brings these assets into its trading environment, where they can be accessed, transferred, or used across decentralized applications built on Mantle.

The first set of tokenized equities includes Nvidia and MicroStrategy, both symbols of the tech-driven financial evolution. Nvidia represents the AI hardware boom, while MicroStrategy remains synonymous with Bitcoin adoption at a corporate level. Their addition marks a step toward making traditional investment products more interoperable with blockchain infrastructure, enabling traders to diversify portfolios using on-chain representations of familiar assets.

Bybit’s collaboration also underscores a broader trend of real-world asset (RWA) tokenization gaining traction across the crypto industry. Major exchanges and protocols are racing to bridge the gap between regulated financial instruments and decentralized trading platforms. The use of Mantle’s scalable blockchain provides the infrastructure to support these transactions efficiently, reducing costs and improving accessibility for retail and institutional participants alike.

The introduction of tokenized equities could redefine access to global markets for users in regions with limited financial infrastructure. By combining Bybit’s reach with Backed’s regulatory compliance, the project signals a growing convergence between Web3 innovation and traditional finance, reinforcing the idea that tokenization is becoming a cornerstone of the next financial era.