tl;dr
Crypto exchange Bybit is expanding beyond digital assets to offer trading in US equities, commodities, and indices, including gold, crude oil, and major US stocks like Apple and MicroStrategy, aiming to launch these before the end of the quarter. These new products will integrate with Bybit's existi...
Bybit is expanding beyond cryptocurrencies to offer trading in US equities, commodities, and indices, aiming to launch these new products before the end of the quarter.
The new offerings will include gold, crude oil, and major US stocks such as Apple and MicroStrategy, integrated with Bybit’s existing MetaTrader 5 platform, which supports high-leverage trading up to 500x on select instruments.
This strategic expansion positions Bybit to directly challenge platforms like Robinhood by blending traditional finance products with its crypto services.
The move reflects a broader industry trend where crypto-native exchanges and traditional trading platforms are converging to meet evolving investor demands.
Bybit’s decision is further supported by pro-crypto policies under President Donald Trump’s administration, fostering an environment conducive to diversifying into traditional financial assets.
The timing follows a major security breach in February, when hackers stole approximately 500,000 ETH, valued at around $1.5 billion.
Despite the significant hack, Bybit reports that user activity and trading volume have rebounded to pre-exploit levels, signaling renewed confidence among its user base.
Ongoing efforts to recover stolen funds continue, although some assets have become untraceable due to laundering by the attacker.
Bybit CEO Ben Zhou confirmed these developments during a recent livestream, emphasizing the platform’s ambition to attract a wider range of retail and institutional investors.
The integration with MetaTrader 5, already familiar to many traders for leveraged gold trading, will streamline access to this expanded suite of financial instruments.
Overall, Bybit’s product diversification highlights the blurring lines between crypto exchanges and traditional brokerage services, illustrating a dynamic shift in the global trading landscape.
As platforms increasingly offer combined crypto and traditional asset trading, investors are presented with more comprehensive opportunities within a single ecosystem.