New way to play with tokenized stocks: Bybit launches xStocks 150,000 USDT prize pool event
07-25 13:50

Odaily Planet Daily reported that the cryptocurrency exchange Bybit has ushered in a new round of stock tokenization craze since the launch of the xStocks series of tokens a few days ago, and launched a one-month promotion today, in which users can share a total of 150,000 USDT prize pool.

From now until 10:00 AM UTC on August 15, eligible users can participate:

1. TokenSplash: Deposit xStocks and share 100,000 USDT prize pool

2. EasyEarn: Pledge xStocks to enjoy up to 200% annualized rate of return and principal protection, with a total reward pool of 50,000 USDT

About xStocks: xStocks is a tokenized asset backed by real stocks 1:1, providing users with real stock market exposure. Bybit currently offers 10 tokens covering technology, financial services, electric vehicles and blockchain, including AAPLX, NVDAX, AMZNX, GOOGLX, COINX, TSLAX and METAX.

Key benefits:

- Fragmented holdings lower entry barriers

-24/7 trading

- Diversification of investment portfolio

-Combining stock exposure with DeFi opportunities

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