Bybit adds tokenized Nvidia, Apple and Tesla shares as loan collateral
DUBAI, July 31. Six tokenized US equities, including shares of Nvidia, Apple and Tesla, can now serve as loan collateral on Bybit, the exchange said. Eligible retail and institutional users gain access to the feature across the platform's trading and lending products.
Key takeaways
- Bybit now allows six tokenized US equities, including Nvidia, Apple and Tesla shares, to be used as loan collateral on its platform.
- The tokenized shares can be pledged across Bybit's trading and lending products, and both retail and institutional users are eligible.
- Bybit identified only three of the six eligible companies (Nvidia, Apple and Tesla) and did not name the other three.
- Bybit did not disclose collateral ratios, liquidation thresholds, borrowing rates, or the date the feature went live.
- The feature lets holders borrow against their equity positions without selling the underlying US-listed shares.
DUBAI, July 31. Six tokenized US equities, including shares of Nvidia, Apple and Tesla, can now serve as loan collateral on Bybit, the exchange said. Eligible retail and institutional users gain access to the feature across the platform's trading and lending products.
The eligible assets
Bybit named Nvidia, Apple and Tesla as three of the six US companies whose tokenized shares now qualify as collateral. The remaining three companies were not identified in the release. All six can be pledged across Bybit's trading and lending products, according to the company.
Tokenized equities are blockchain-based instruments representing claims on underlying shares, typically held by a licensed custodian. A user posting them as collateral retains price exposure to the stock while borrowing against the position. If share prices fall sharply, the collateral value drops with them. Lending platforms manage that risk through margin requirements and liquidation rules.
Bybit did not disclose collateral ratios, liquidation thresholds or borrowing rates in the release.
User eligibility
Both retail and institutional users are eligible, the company said. Bybit did not specify qualification criteria or state whether geographic restrictions apply.
Most crypto lending platforms have historically accepted only digital assets as collateral. Adding tokenized US equities gives holders a way to borrow against equity positions without selling the underlying shares. The six companies are all US-listed.
Bybit did not state when the collateral type went live or whether the list of eligible companies would expand.