Bybit Expands Lending Options with xStock Assets as Collateral

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its lending and margin products to include six xStock assets as collateral. This move allows users on Bybit to put their tokenized equity holdings to work within its lending and margin ecosystem.

The addition of xStock assets as collateral extends eligibility across three of Bybit's core lending and margin products: Unified Trading Account (UTA) Loans, Crypto Loans, and Institutional Loans. UTA Loans operate within Bybit's streamlined UTA structure, allowing eligible holdings to support margin activity in a single account.

Crypto Loans provide users with borrowing capacity for trading or withdrawal purposes, while Institutional Loans extend similar collateral-backed borrowing to institutional clients, serving larger, more sophisticated market participants.