Mantle, a blockchain platform focused on real-world assets, announced the integration of xStocks on its network. The project aims to connect traditional finance with on-chain liquidity. The launch was completed in partnership with Bybit, a global cryptocurrency exchange, as well as BackedFi, xStocks, and Flowdesk.
The integration allows users to trade tokenized equities directly on-chain through Fluxion, Mantle’s decentralized exchange. xStocks are blockchain-based tracker certificates that reflect the value of public equities and are backed by underlying securities. The instruments operate under Swiss distributed ledger regulations.
cryptonews.net