Bitrue has opened trading on two new tokenized equity futures pairs, $CSCOUSDT and $MRVLUSDT, giving users on the exchange's derivatives platform a way to take leveraged, crypto-settled positions tied to the share prices of Cisco Systems and Marvell Technology. Both contracts went live under the exchange's BitrueFutures product.
The exchange framed the listing around the two companies' roles in AI infrastructure, describing Cisco and Marvell as sitting "at the forefront of AI networking and next-generation data center technology." Cisco remains one of the largest suppliers of enterprise networking hardware used to build out data centers, while Marvell has become a key supplier of custom silicon and interconnect chips for hyperscale AI compute clusters.
Exchanges Keep Chasing Tokenized Equities
The listing continues a broader push among crypto exchanges to bring traditional equities onto crypto-native trading rails, letting users gain exposure to individual stocks without a traditional brokerage account and, in Bitrue's case, with the added leverage mechanics of a perpetual futures contract. Tokenized stock products have proliferated across exchanges over the past year as platforms compete to offer round-the-clock trading on household-name equities alongside conventional crypto pairs, particularly for companies seen as direct beneficiaries of the AI buildout.
Because the contracts are settled in USDT rather than actual shares, traders gain price exposure to CSCO and MRVL without any of the rights associated with holding the underlying stock, such as voting rights or dividends — a structure common across the tokenized-stock-futures category but one that carries its own counterparty and liquidation risk typical of leveraged derivatives products.
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Bitrue did not disclose specific leverage caps or contract sizes for the two new pairs in its announcement, directing users instead to its futures trading platform for full contract specifications.
