Bybit Offers Tokenized NVIDIA Equity as Welcome Reward

Bybit, the leading cryptocurrency exchange, has launched a new reward option for its welcome program, allowing users to earn tokenized NVIDIA equity.

NVDAX, issued by xStocks, is backed 1:1 by real NVIDIA shares held in a regulated custodian. This means that each NVDAX token represents ownership of actual NVIDIA stock. Unlike traditional equity markets, xStocks enable fractional ownership and 24/7 trading outside US market hours.

The new reward option is part of Bybit's efforts to tap into the tech sector and provide users with exposure to AI narratives. Bybit has partnered with xStocks to offer this innovative solution to its users.