Bybit plans to launch its mStocks platform in November 2026, offering 24/7 trading of tokenized equities. These tokens are backed 1:1 by real underlying shares, ensuring they correspond to actual assets rather than synthetic price bets.
The tokens are issued by Halo Prime Limited, a company based in the British Virgin Islands, and are classified as limited-recourse debt obligations. Bybit will provide the trading interface and manage smart contract functions but will not act as the issuer or custodian.
Developed in collaboration with Mantle, the project integrates DeFi features and allows tokens to be used as trading collateral. There is also potential for these tokens to be traded on decentralized exchanges, expanding their utility beyond Bybit's own order books.
This initiative is part of Bybit's New Financial Platform strategy. It follows the October 12, 2026, launch of the Direct Stocks program, which provides access to over 1,000 US stocks and ETFs with 24/5 trading hours and zero commission for USDC-funded trades.
