Bybit will open direct trading functions for stocks, indices, gold and crude oil by the end of this quarter

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MarsBit
05-04
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Mars Finance News, on May 4th, Bybit co-founder Ben Zhou announced a major upgrade: the platform will open direct trading functions for stocks, indices, gold, and crude oil before the end of this quarter.

Product Expansion: Cryptocurrency exchange first integrates four core asset classes of traditional financial markets

Launch Timeline: Clearly promised to complete deployment before the end of Q3 (no later than September 30th)

Strategic Intent: Breaking the boundaries between crypto and traditional asset trading, building a comprehensive trading platform

Industry Impact: This move may trigger follow-up actions from competitors like Coinbase and OKX, accelerating the "all-asset" competition trend among exchanges. It is worth noting that Bybit has previously provided traditional asset exposure through ETF products, and this direct operation mode will significantly improve capital efficiency.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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