Bybit will expand its business on a compliance-based foundation TradFi, and currently has no plans to launch DEX
BIBIBI
AT A GLANCE
Bybit stated that it will focus on developing TradFi and financial infrastructure, and will not launch DEX。
Article
Bybit CEO：Bybit will expand its business on a compliance-based foundation TradFi business and build a one-stop financial platform.
BlockBeats news,October 13，Bybit CEO Ben Zhou stated in the "Make Your Move" global keynote that,Bybit will place greater emphasis on TradFi and infrastructure development, with the goal of building a one-stop financial platform. There are currently no plans to launch DEX or products similar to Hyperliquid.
Ben Zhou believes that platforms such as Hyperliquid and DEX platforms and centralized exchanges serve different needs and are not direct competitors. As Bybit continues to obtain more licenses, the platform hopes to expand its user base and attract more users to Web3. He further stated that centralized exchanges should serve as financial infrastructure and user-acquisition gateways, connecting the real world and the crypto world through products such as Bybit Card、Bybit Pay, which is also Bybit's current core development focus.
Original link https://m.theblockbeats.info/flash/371548
Key points
01
Bybit CEO Ben Zhou stated that Bybit will place greater emphasis on TradFi and infrastructure development.
02
Bybit's goal is to build a one-stop financial platform, and it currently has no plans to launch DEX or products similar to Hyperliquid.
03
Ben Zhou believes that DEX platforms such as Hyperliquid and centralized exchanges serve different needs and are not direct competitors.
04
Bybit hopes to use Bybit Card、Bybit products such as Pay to connect the real world and the crypto world.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
TradFi refers to traditional finance.Bybit stated that future priorities are compliance, license expansion, financial infrastructure, and products connecting traditional finance and crypto markets, rather than launching DEX。
Why it matters to readers
This indicates that Bybit plans to position centralized exchanges as financial infrastructure and user gateways, while expanding TradFi related business.
Beginners can use this to understand the positioning differences between centralized exchanges and DEX, as well as how trading platforms connect traditional finance and crypto markets.
Risks and unknowns
The evidence does not provide the original video of the keynote or Bybit an official announcement, so the relevant statements still require further verification.
The evidence does not specify Bybit which licenses it will obtain in the future, which regions they will cover, or when the relevant products will be launched.
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Related concepts
TradFi
Used to refer to a category of perpetual contracts that track the prices of traditional financial assets such as equities, commodities, and foreign exchange.
