Bybit is preparing to offer more than just crypto, with plans to roll out US shares, raw materials and indices at the end of the current quarter.
During a May 3 live streamBybit CEO Ben Zhou has announced that the exchange is planning to roll out the trade for US shares, raw materials such as gold and oil and stock indices at the end of the second quarter of 2025.
Soon Bybit users will be able to trade popular US shares such as Apple, Microsoft and Microsoft and Micro Strategy, in addition to raw materials and indices, all within the existing Bybit system.
These new products will connect to the current infrastructure of the platform, including the Metatrader 5 (MT5) platform, which already offers livered gold trade.
Industrial thoughts see the expansion of Bybit as part of a broader trend where crypto exchanges and traditional finances begin to mix.
While Bybit brings shares and raw materials into its line -up, some traditional trading platforms move the other direction and want to offer crypto products.
The move also puts Bybit in more direct competition with platforms such as Robinhood, which already combine crypto and traditional financial options.
The newest rollout builds on the efforts of Bybit to improve the customer experience. Bybit reportedly also uses artificial intelligence through tools such as cryptolens and Tradegpt to provide real -time market insights, project analysis and token -specific data.
However, not everything has been smoothly sailed for the exchange -based exchange. In February, Bybit was confronted with a huge infringement of security that led to the theft of 500,000 ETH, worth $ 1.5 billion, which marked the largest crypto -theft so far.
While Zhou initially ensured that their funds were safe and that the platform could cover the losses, he later admitted in an update of April 21 that about 27.6% of the stolen assets was completely dark and is no longer traceable.