Key Takeaways
- • Bybit launched stock trading for eligible users on October 12, 2026, providing access to more than 1,000 U.S. stocks and ETFs with fractional shares and 24/5 access covering pre-market, regular and after-hours sessions.
- • Bybit is developing mStocks, a tokenized stock product backed 1:1 by real stocks, with a targeted November launch and planned AMM liquidity pools on Mantle.
- • 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 reported intercepting more than 30,000 suspicious withdrawal requests in the first half of 2026, protecting users from more than $700 million in potential losses, and secured five new licenses and regulatory approvals in 2026.
- • CEO Ben Zhou framed the company's shift from crypto exchange to "The New Financial Platform" combining trading, investing, payments and AI in a single ecosystem.
Summary
Four years after entering traditional finance with contracts for difference (CFDs) 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, offering access to more than 1,000 U.S. stocks and ETFs. Bybit is also developing mStocks in collaboration with a partner, with a targeted November launch. The tokenized product is designed to be backed 1:1 by real stocks and is expected to support round-the-clock conversion between eligible stocks and mStocks, decentralized exchange trading through AMM liquidity pools on Mantle, and transfer into Bybit's Unified Trading Account as trading collateral, subject to applicable terms.
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. The company's TradFi offering now spans more than 600 products across equities, ETFs, indices, commodities and FX, and recent additions include Forex Perps and Perp Options, which the company describes as an industry-first options product built on TradFi perpetuals. Bybit says it is developing further perpetual products linked to AI computing and commodities.
The company has also expanded its payments infrastructure through Bybit Pay and Bybit Card, which support crypto and fiat transfers, merchant payments and spending. Bybit says the service connects users with more than 5,000 merchants across 15+ countries and that it has issued more than 4 million Bybit Cards. On security and compliance, Bybit said it intercepted more than 30,000 suspicious withdrawal requests in the first half of 2026, and it secured five new licenses and regulatory approvals across the European Union, the Cayman Islands, Indonesia, South Africa and El Salvador during 2026, subject to local requirements. Bybit AI, a conversational assistant, launched in September.
Zhou said the company has "brought trading, investing, payments and AI together" and is "continuing to add more markets and more ways to use them." The figures are company-reported and have not been independently verified.
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