Bybit to launch super-app in Europe featuring stocks and derivatives
Bybit plans to launch a super-app in Europe, expanding its services beyond crypto spot trading to include regulated derivatives and tokenized stocks. CEO Ben Zhou stated the platform has secured an Electronic Money Institution (EMI) license in Austria and is nearing a MiFID license. These additions will allow Bybit to offer banking services, IBAN accounts, and regulated financial products, including stocks like Apple (AAPL) and Tesla (TSLA), alongside gold and commodities. The firm continues its partnership with Kraken's xStocks for tokenized equities.
Summaries are written by AI from the original article. Not investment advice.