Bybit Adds Stocks, Payments and Tokenized Assets to Its Financial Platform

Bybit is assembling a wider financial platform around its crypto exchange, adding stock access, payment services and products that connect traditional assets with on-chain trading. The shift, described by co-founder and CEO Ben Zhou at the company’s biannual “Keynote with Ben,” puts more types of markets and account activity under one roof. The scope is expanding, but so are the demands on the systems that connect trading, custody, transfers and customer support.

The keynote, titled “Make Your Move,” brought Zhou together with a live audience and selected guests. The product announcements point to a strategy built around a single account experience spanning crypto and conventional financial instruments, with some services available only to eligible users and subject to their terms.

Stock access joins Bybit’s trading range

Bybit entered traditional finance through contracts for difference (CFDs) in 2022. The company says its crypto CFD platform is now the largest, with trading volume peaking at $100 billion. On October 12, it added direct stock trading for eligible users, with access to more than 1,000 U.S. stocks and exchange-traded funds. Trades are denominated in USDC, fractional shares are available, and sessions run 24 hours a day, five days a week, covering U.S. pre-market, regular and after-hours trading.

That schedule gives users access beyond the regular U.S. trading session, while the use of USDC links the product’s funding unit to the crypto side of the platform. The source does not specify the full set of eligibility conditions, fees or execution arrangements, so those details remain important for users assessing how the service works in practice.

A further product, mStocks, is being developed with Mantle and is targeted for launch in November. Bybit describes the tokens as backed one-to-one by real stocks. The plan includes round-the-clock conversions between eligible stocks and mStocks on Bybit, along with decentralized exchange trading through automated market maker liquidity pools on Mantle.

Converted mStocks are also expected to move into Bybit’s Unified Trading Account, where they could be used as trading collateral, subject to applicable terms. That proposed connection could let users move between a tokenized representation and the platform’s trading account without treating them as entirely separate services. The details of backing, conversion availability and collateral treatment will matter to users evaluating how the token relates to the underlying share.

Bybit has also introduced IPO Express, launched in June. It gives eligible users access to selected initial public offering opportunities at the offering price through tokenized representations of the securities. Its first offering was SpaceX. The product extends the company’s stated reach into selected offerings before secondary-market trading, though access is limited to the opportunities Bybit selects.

Derivatives and payments broaden the platform

The newer stock products sit alongside a wider TradFi range that includes perpetual contracts, pre-market products, foreign exchange and options. Bybit says the offering covers more than 600 products across equities, ETFs, indices, commodities and FX. TradFi perpetuals have recorded over $180 billion in trading volume. Recent additions include Forex Perps and Perp Options, which the company calls the first options product built on TradFi perpetuals. It is also developing perpetual products tied to AI computing and commodities.

Payments extend the platform beyond trading activity. Bybit Pay and Bybit Card support transfers in crypto and fiat, merchant payments and everyday spending. The company says the services connect users to more than 5,000 merchants across 15 or more countries and support bank and e-wallet transfers, QR payments and other services. Bybit reports that it has issued more than 4 million cards.

These services give users ways to spend or transfer funds through the same broader ecosystem used for market activity. They also widen the operational footprint: moving value between trading accounts, payment services, merchants and external financial providers depends on the availability and terms of each route.

Security claims and expansion infrastructure

Bybit says that in the first half of 2026 it intercepted more than 30,000 suspicious withdrawal requests, preventing over $700 million in potential losses. Those figures describe the company’s reported intervention activity; they do not, by themselves, show how the checks operate or how the results were measured. As more products and payment paths are added, the handling of account access and withdrawals remains a central part of the platform’s operation.

The company also says it secured five new licenses and regulatory approvals in 2026 across the European Union, the Cayman Islands, Indonesia, South Africa and El Salvador. These authorizations support expansion across markets, subject to local requirements. Their practical effect depends on the services offered in each location and the conditions attached to each authorization.

In September, Bybit launched Bybit AI, a conversational assistant covering trading, account management and customer support. The company plans to develop it further across its financial services. An assistant spanning account and trading functions may become a more direct interface for users, while its usefulness will depend on how reliably it handles requests and how clearly users can distinguish guidance from actions taken on their accounts.

A broader account model

Zhou said Bybit had brought trading, investing, payments and AI together and would continue adding markets and ways to use them. The company’s stated direction is to make those services part of one platform rather than confining its role to crypto exchange activity.

Bybit now describes a mix of crypto markets, stocks and ETFs, derivatives, commodities, FX, selected IPO access, payments and AI-supported services. The next measure of this strategy will be how these products work together for eligible users: especially how asset backing, conversions, collateral rules and local access are explained as the platform expands.