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Mantle Network, an EVM-compatible 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.
Tokenized equities are coming to Mantle.
— Mantle (@Mantle_Official) November 7, 2025
Together with @Bybit_Official and @BackedFi, millions of users will soon be able to access top tokenized equities via @xStocksFi onchain and 24/7 - from NVDAx & AAPLx to MSTRx.
All powered by Mantle's speed, security and scalability. pic.twitter.com/5CikfudYdv
