Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral

60-second summary

Bybit is adding tokenized shares of Nvidia, Apple, Tesla, and three other US companies as loan collateral options for retail and institutional users. Eligible users can utilize these tokenized shares across Bybit's trading and lending products. This move aims to increase user participation and liquidity in the platform's lending market, potentially driving growth in the decentralized finance (DeFi) sector.