Bybit’s tokenized equity trading will run 24/7, but holders won’t own shares

Bybit plans to expand its tokenized equity trading with mStocks in November 2026 , offering share-backed tokens that trade through nights and weekends. The product promises round-the-clock access, but its legal structure gives holders creditor claims rather than direct ownership of the underlying shares. Key takeaways mStocks will offer continuous trading with one real share backing each token. Halo Prime Limited will issue the tokens as debt obligations. Mantle is collaborating on features that enable the use of trading collateral. Bybit’s separate Direct Stocks service trades 24/5.