Key Takeaways
- • Bybit launched stock trading on October 12, 2026 for eligible users, offering access to more than 1,000 U.S. stocks and ETFs with USDC settlement, fractional shares, and 24/5 access.
- • Bybit's TradFi offering now spans more than 600 products across equities, ETFs, indices, commodities and FX, with TradFi perpetuals recording more than $180 billion in trading volume.
- • Bybit plans to launch mStocks, tokenized stocks backed 1:1 by real equities, with Mantle in November 2026.
- • Bybit Pay and Bybit Card now connect users with more than 5,000 merchants across 15+ countries, and more than 4 million Bybit Cards have been issued.
- • Bybit intercepted more than 30,000 suspicious withdrawal requests in H1 2026, protecting users from more than $700 million in potential losses, and secured five new licenses or regulatory approvals in 2026.
Summary
Four years after entering traditional finance with contracts for difference in 2022, Bybit says it has become the largest crypto CFD platform, with trading volume reaching as much as $100 billion at its peak. On October 12, the company launched stock trading for eligible users, providing access to more than 1,000 U.S. stocks and ETFs, settled in USDC, with fractional shares and 24/5 access covering pre-market, regular and after-hours sessions. Bybit also 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.
Bybit is developing mStocks with Mantle, targeted for launch in November. The tokenized product is designed to be backed 1:1 by real stocks, with round-the-clock conversion between eligible stocks and mStocks on Bybit, decentralized exchange trading through automated market maker liquidity pools on Mantle, and planned transferability into Bybit's Unified Trading Account as collateral, subject to applicable terms. The company is also developing perpetual products linked to AI computing and commodities, and recently added Forex Perps and Perp Options, which it describes as an industry-first options product built on TradFi perpetuals.
Beyond trading, Bybit has expanded its payments infrastructure through Bybit Pay and Bybit Card, which support crypto and fiat transfers, merchant payments, bank and e-wallet transfers, and QR payments. In the first half of 2026, Bybit said it intercepted more than 30,000 suspicious withdrawal requests, protecting users from more than $700 million in potential losses. The company also secured five new licenses and regulatory approvals in the European Union, the Cayman Islands, Indonesia, South Africa and El Salvador during 2026, subject to local requirements. Bybit AI, a conversational assistant covering trading, account management and customer support, launched in September.
Ben Zhou said: "We have brought trading, investing, payments and AI together, and we are continuing to add more markets and more ways to use them." The company describes itself as serving more than 80 million users worldwide. Note that these figures are company-reported and have not been independently verified in the source material.
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