Bybit and Mantle to Launch Tokenized Stock Product mStocks

This pushes tokenized equities further into DeFi-native territory, where the differentiator is not the wrapper but the redemption guarantee and liquidity plumbing. Pairing a centralized exchange with a Mantle-ecosystem AMM rollout means the product's real test is whether on-chain pools can hold spreads and depth outside traditional market hours. The open questions are how the 1:1 backing is attested and whether round-the-clock two-way redemption holds up under stress.