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Bybit CEO:Bybit will subsequently support stocks as collateral, stock lending, and brokerage transfers

BlockBeats reports that October 13,Bybit CEO Ben Zhou announced the launch of Bybit Direct Stock during the “Make Your Move” global keynote, allowing users to directly hold and trade real stocks through Bybit while accessing more than 1,000 trading pairs and assets in the U.S. market and obtaining actual stock ownership.

Ben Zhou stated that the relevant stock assets will be held in a Unified Trading Account (UTA). In the future,Bybit plans to further support stocks as trading collateral and launch stock lending services. In addition, the platform will support brokerage transfers, allowing users to transfer stocks held with brokerages such as Futu and Moomoo into their Bybit accounts for custody.

Original link https://m.theblockbeats.info/flash/371546