Bybit’s Expansion into Traditional Finance and New Product Launches
- Bybit has launched stock trading, offering access to over 1,000 U.S. stocks and ETFs for eligible users.
- The company is developing mStocks with Mantle, a tokenized stock product expected to launch in November.
- Bybit’s IPO Express service provides access to selected IPO opportunities, starting with SpaceX.
- Over $180 billion in trading volume has been recorded through Bybit’s TradFi perpetuals.
- Bybit expanded its payment services with Bybit Pay and Bybit Card, connecting users to over 5,000 merchants across more than fifteen countries.
Bybit is significantly expanding its platform beyond crypto exchanges into traditional finance by launching new products like stock trading and mStocks. This move aims to integrate crypto markets with traditional financial products within a single platform.
With over $180 billion in TradFi perpetuals trading volume and new offerings like IPO Express, Bybit is positioning itself as a comprehensive financial platform bridging traditional and digital markets. (Source)