Bybit plans round-the-clock tokenized stock trading with mStocks
Bybit will introduce mStocks in November 2026, offering 24/7 trading of tokens backed one-to-one by real shares. The tokens will be issued by Halo Prime Limited and classified as limited-recourse debt obligations. Bybit will provide the trading interface and smart contract functions but will not act as issuer or custodian.
Bybit's mStocks is scheduled for November 2026, one day after the exchange introduced a separate stock-trading service. The tokens are designed to be backed one-for-one by actual shares, rather than synthetic price exposure. Halo Prime Limited, incorporated in the British Virgin Islands, will issue them as limited-recourse debt obligations. Bybit will supply the trading interface and smart-contract operations, while issuer and custodian duties sit elsewhere.
Mantle is collaborating on decentralized-finance features. The tokens are intended to serve as collateral, potentially letting stock positions support other trades instead of remaining idle. They may also eventually trade on decentralized exchanges beyond Bybit's order books. This differs from Direct Stocks, which launched October 12, 2026, offers over 1,000 US stocks and ETFs, uses USDC funding, has zero commission on eligible trades, and operates 24/5.
Count words. First para: Bybit's(1) mStocks(2) is(3) scheduled(4) for(5) November(6) 2026(7), one(8) day(9) after(10) the(11) exchange(12) introduced(13) a(14) separate(15) stock-trading(16) service(17). The(18) tokens(19) are(20) designed(21) to(22) be(23) backed(24) one-for-one(25) by(26) actual(27) shares(28), rather(29) than(30) synthetic(31) price(32) exposure(33). Halo(34) Prime(35) Limited(36), incorporated(37) in(38) the(39) British(40) Virgin(41) Islands(42), will(43) issue(44) them(45) as(46) limited-recourse(47) debt(48) obligations(49). Bybit(50) will(51) su
... No extra. Need maybe blank line between sections? Fine. Need plain text. Ensure no markdown? It says labeled sections in plain text. We can just write. Need check expanded total under 120 words. Let's count final expanded exactly. EXPANDED: Bybit's mStocks is set for November 2026, one day after a separate stock-trading service debuted. The tokens are meant to be backed one-for-one by real shares, not synthetic price exposure. Halo Prime Limited, a British Virgin Islands company, will issue them as limited-recourse debt obligations. Bybit will run the interface and smart contracts, but not issuer or custodian roles. Mantle is collaborating on DeFi features. The tokens are designed to work as collateral, so stock positions might back other trades. They could later trade on decentralized exchanges beyond Bybit's order books. This is separate from Direct Stocks, launched October 12, 2026, which offers 1,000+ US stocks and ETFs, uses USDC, has zero commission on eligible trades, and