The press release says new users can earn $20 worth of NVDAX by completing welcome tasks, while also receiving standard welcome rewards such as USDT. It describes NVDAX as a tracker certificate issued as both Solana SPL and ERC-20 tokens, backed 1:1 by real NVIDIA shares held with a regulated custodian. Bybit says the token trades 24/7 outside U.S. market hours, supports fractional ownership, and settles instantly on-chain.
This is a strikingly pragmatic use of tokenized equity. It is not framed as a philosophical statement about the future of capital markets; it is framed as a reward inside a welcome funnel. That matters because it shows tokenization moving into distribution, not just theory.
Bybit is the world's second-largest crypto exchange by trading volume according to the release, so putting tokenized NVIDIA exposure into user acquisition is a sign that the market sees tokenized equities as a retail-friendly way to connect users with the broader AI narrative. Bybit is folding tokenized equity into a mainstream exchange experience.
