Snapshot from May 30, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Technology / Mantle, Bybit Activate xStocks Atomic RFQ
Tech platform activation

Mantle, Bybit Activate xStocks Atomic RFQ

Analysis based on 6 articles · First reported May 07, 2026 · Last updated May 07, 2026

Sentiment
60
Attention
4
Articles
6
Market Impact
Direct
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Market Impact

The activation of xChange's Atomic RFQ system on Fluxion by Mantle (blockchain) and Bybit is expected to enhance liquidity and execution quality for tokenized equities, attracting institutional capital to the CeDeFi space. This development could lead to increased adoption of real-world assets on blockchain, positively impacting the cryptocurrency and financial services industries.

Financial Services Cryptocurrency Blockchain
Event Summary

Mantle (blockchain), in partnership with Bybit, announced the activation of xChange, xStocks's Atomic RFQ system, on Fluxion, Mantle (blockchain)'s native decentralized exchange. This activation allows users to mint and redeem xStocks tokens directly via a Request for Quote mechanism, bypassing traditional automated market maker infrastructure. This move aims to close the liquidity gap in tokenized equity markets by unifying centralized and decentralized venues, providing institutional-grade execution quality. Emily Bao and Val Gui highlighted the importance of Atomic RFQ in delivering real prices directly from issuers, which is crucial for institutional capital. This is the second phase of Mantle (blockchain)'s xStocks roadmap, with future plans including the xPoints loyalty program.

Entities Involved
exch
Bybit
Bybit, as one of the largest cryptocurrency exchanges, is a key partner in bridging off-chain liquidity with on-chain execution through Fluxion, supporting the CeDeFi thesis.
Importance 80 Sentiment 60
oth
Fluxion
Fluxion is Mantle (blockchain)'s native decentralized exchange where the xChange Atomic RFQ system for xStocks was activated, enabling direct minting and redemption of tokenized equities.
Importance 70 Sentiment 60
per
Emily Bao
Emily Bao, Key Advisor at Mantle (blockchain) and Spot Executive at Bybit, commented on the significance of Atomic RFQ in bridging the gap between traditional finance and on-chain execution quality.
Importance 30 Sentiment 50
per
Val Gui
Val Gui, General Manager of xStocks, emphasized that Atomic RFQ provides investors with the real price directly from the issuer, meeting institutional capital requirements.
Importance 30 Sentiment 50
priv
Payward
Payward's digital asset infrastructure powers xStocks, enabling the placement of traditional equities on blockchain infrastructure.
Importance 10 Sentiment 40
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