Podcast Episode

Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform

Web3 Tech Brief By HackerNoon

Oct 15, 20267 min

1Transcript1 turns · 7 min

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This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Bybit expands beyond crypto as CEO outlines next phase of financial platform. By ChainWire. Dubai, United Arab Emirates, October thirteenth, twenty twenty-six. ChainWire, Bybit co-founder and CEO Ben Zhou has outlined the latest stage of the company's expansion from a crypto exchange into the new financial platform, highlighting new products and collaborations across traditional and digital markets. The updates were presented during Bybit's latest biannual Keynote with Ben session titled Make Your Move, where Ben discussed the convergence of financial markets and the company's approach to building for that shift. Held outside the usual studio format in a gathering with a live audience, the keynote brought Ben together with selected guests to discuss changes in the financial landscape, new technologies and the products shaping Bybit's next phase. Four years of TradFi expansion, with stocks now live and MSTO CKS ahead four years after entering traditional finance with contracts for difference, CFDs. In twenty twenty-two, Bybit has established itself as the largest crypto CFD platform, with trading volume reaching as much as one hundred billion dollars at its peak. On October twelfth, the company expanded further into traditional markets with the launch of stock trading for eligible users, providing access to more than one thousand US stocks and ETFs. Users can trade using USDC with fractional shares and twenty-four fifths access covering US pre-market, regular and after-hours sessions. Bybit is also developing MS Talks in collaboration with Mantle, with a targeted launch in November. The tokenized stock product is designed to be backed one-to-one by real stocks, with plans to support round the clock conversion between eligible stocks and MS Talks on Bybit, as well as decentralized exchange trading through automated market maker, AMM, liquidity pools on Mantle. Converted MS Talks Aerial so expected to be transferable into Bybit's unified trading account, UTA, for use as trading collateral, subject to applicable terms and conditions. Bybit launched IPO Express in June, giving eligible users access to selected IPO opportunities at the offering price through tokenized representations of the underlying securities. The service launched with SpaceX and is designed to extend Bybit's access beyond secondary market trading into selected primary market opportunities. The latest developments build on Bybit's expansion into perpetuals, pre-market products, foreign exchange and options. Its TradFi offering now spans more than six hundred products across equities, ETFs, indices, commodities and FX. TradFi perpetuals have recorded more than one hundred eighty billion dollars in trading volume, while recent additions include Forex Perps and Perp Options, an industry-first options product built on TradFi perpetuals. Bybit is continuing to develop new perpetual products linked to AI computing and commodities, extending its range of instruments beyond conventional crypto markets. Extending the platform into payments beyond trading and investing, Bybit has expanded its

2Episode notes

This story was originally published on HackerNoon at: https://hackernoon.com/bybit-expands-beyond-crypto-as-ceo-outlines-next-phase-of-financial-platform.
Bybit is continuing to develop new perpetual products linked to AI computing and commodities, extending its range of instruments beyond conventional crypto mark
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Bybit, a crypto exchange, has expanded into The New Financial Platform, offering new products and

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