Bybit

What Bybit does

Bybit is a privately held global cryptocurrency exchange and self-described "New Financial Platform" founded in 2018 and headquartered in Singapore, operating as the world's second-largest centralized exchange by trading volume with 80M+ registered users and over US$20 billion in daily trading volume. The company serves retail traders, professional market makers, and institutional clients — including hedge funds, asset managers, and family offices — across spot, perpetual futures, options, P2P, copy trading, and Earn products, with localized regulated entities in the EU (Bybit EU GmbH under MiCAR in Vienna), UAE, Kazakhstan, Georgia, Türkiye, the Netherlands (via Satos), Argentina, and India (FIU-IND). The platform's core technology is a Unified Trading Account (UTA) engine that cross-collateralizes spot, derivatives, options, TradFi perpetuals, tokenized equities (xStocks), and real-world-asset products in a single margin environment, with 96% institutional adoption of the UTA reported.

Bybit's product surface spans centralized trading, a Solana-based DEX (ByReal), an onchain gateway (Bybit Alpha, formerly Bybit Web3), and traditional-finance rails including 24/7 TradFi perpetual contracts on US stocks, commodities, and ETFs, plus tokenized IPO access via IPO Express (debuted with SpaceX in June 2026). It operates institutional prime brokerage with off-exchange settlement integrated with Fireblocks, Komainu, Sygnum, Zodia, Cactus, and Copper; an institutional custody arm (ByCustody); and a yield-bearing OES architecture (UBS uMINT via DigiFT). RWA Earn distributes tokenized PIMCO, CMBI, and UBS fixed-income funds; Bybit Pay enables QR-based crypto payments across South Africa, Peru, Brazil, Bolivia, and MENA; Bybit Card (Mastercard) has 3M+ users and 1.5M cards issued. An in-house security operation, Lazarus Security Lab, combined with a 32nd-consecutive-month Proof of Reserves ($16.5B+ in mainstream assets) and an AI-driven risk framework that intercepted $300M in scams in 2025, addresses the post-February-2025 $1.5 billion Lazarus Group breach.

Revenue is generated primarily through maker/taker fees on spot, perpetual futures, options, and TradFi perps under a tiered VIP program (VIP 0 to VIP Pro) calibrated by 30-day trading volume and asset holdings, with promotional zero-fee tiers on Stock CFDs, indices, and select TradFi pairs. Secondary streams include P2P spreads across 1,000+ payment methods and 100+ fiat currencies, Bybit Card interchange economics, institutional prime brokerage and custody fees, Private Wealth Management performance fees (minimum 250,000 USDT, VIP 2+), and RWA/tokenized-IPO distribution economics. Distribution combines a self-serve retail app/web flow, an enterprise Broker Dedicated Connection API, channel partnerships (TBC Bank, Satos, QNB, Western Union, MoneyBadger), event-driven sponsorships (Oracle Red Bull Racing, Stockholm Open, Tomorrowland Brasil, Ski Austria), and a research/media engine anchored by Block Scholes, FXStreet, Santiment, and Nansen.

Name

Bybit

Legal name

Bybit Fintech Limited

Website

https://bybit.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bybit is a global cryptocurrency exchange and "new financial platform" serving 80M+ retail and institutional users with spot, derivatives, options, TradFi perps, tokenized equities, RWA, and AI agent trading, under MiCAR, UAE, and multi-jurisdictional regulation.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Commodity Contracts Intermediation (52316), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)

akta.pro secondary industries

Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF), Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF), RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

Keywords

• Cryptocurrency exchange
• Crypto derivatives trading
• Tokenized real world assets
• Crypto prime brokerage
• Institutional crypto services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Trading transaction fees: Maker/taker fees on spot, perpetual futures, options, and TradFi perps trading — the primary revenue stream, with tiered fee structures tied to VIP level and 30-day trading volume. Bybit ranked #2 in centralized exchange trading volume and second in open interest-to-volume ratio (0.81).
2. P2P marketplace fees: Spread and service fees earned on peer-to-peer crypto/fiat trades across 1,000+ payment methods and 100+ fiat currencies; supplemented by the Verified Advertiser Plus program that retains top merchants.

Pricing tiers

Go-to-market motion5 records

Distribution channels9 records

Marketing channels12 records

Core offering

Bybit is a centralized cryptocurrency exchange that operates spot, perpetual and futures derivatives, options, copy trading, and TradFi CFD markets, alongside on-chain services such as xStocks tokenized equities, ByReal DEX, IPO Express, and RWA Earn. The platform serves retail traders, professional market makers, and institutional clients through a Unified Trading Account, AI-driven tools, prime brokerage, and a MiCAR-regulated EEA entity.

Product overview

Bybit operates a single unified financial platform spanning centralized exchange (CEX), decentralized exchange (ByReal on Solana), onchain services (Bybit Alpha, formerly Bybit Web3), and traditional finance products (Bybit TradFi, xStocks, IPO Express). The core trading experience is delivered through Spot, Options, and Derivatives within the Unified Trading Account, supported by 24/7 TradFi Perpetual Contracts (US stocks, commodities, ETFs) and tokenized equity offerings (xStocks via Kraken, SPCX via Backpack Securities). The platform is extended by AI Sub-Accounts and the Bybit AI MCP infrastructure layer for multi-agent trading, plus TradeGPT and Daily Pulse as natural-language AI assistants. Yield is captured through Bybit Earn (Easy Earn, Dual Asset, Liquidity Mining, Launchpool, Mantle Vault, RWA Earn with PIMCO/CMBI/USBS uMINT via DigiFT/Plume) and Private Wealth Management (PWM 2.0 for VIP2+). Real-world payments are enabled through Bybit Pay (South Africa via MoneyBadger, Peru via Yape/Plin, Brazil via Pix), Bybit Card (with Apple Pay, Google Pay, Mastercard), and a Shariah-compliant Islamic Account. Bybit EU is the MiCAR-licensed Vienna-headquartered European arm, while Bybit Institutional serves prime brokerage, hedge fund, and asset manager clients through segregated custody partners (Komainu, Sygnum, Zodia, Cactus). The platform supports 80+ million users and is regulated under MiCAR (Austria FMA), UAE Virtual Asset Platform Operator License, Kazakhstan AFSA, Georgia VASP, Netherlands Satos, Türkiye CMB, Argentina FIU, and India FIU-IND.

Differentiator

Problem solved

Functional benefit

Brands

• ByCustody: Institutional custody arm used for segregated custody of tokenized collateral such as UBS uMINT
• ByReal
• Bybit Pay
• Bybit Card
• Bybit EU
• Bybit Kazakhstan
• Bybit Georgia
• Bybit Alpha
• BYUSDT
• Bybit TradFi
• Bybit PWM (Private Wealth Management)
• Bybit IPO Express
• Bybit Earn

Products and services

• Bybit Spot Spot trading market for 1,400+ listed cryptocurrencies, including BTC, ETH, altcoins, meme tokens, and tokenized assets such as xStocks, with real-time Proof of Reserves. Designed for retail and professional traders looking for direct asset exposure.
• Bybit Derivatives (USDT Perpetuals, USDC Perpetuals, Futures) USDT-margined and USDC-margined perpetual and futures contracts on crypto assets, available through a high-throughput matching engine and the Unified Trading Account for retail, professional, and institutional users.
• Bybit Options Options contracts on major crypto assets, tradable alongside spot and derivatives, often promoted with zero-fee campaigns. Targeted at retail and professional options traders.
• Bybit TradFi (CFDs) CFD products on traditional finance instruments such as gold, silver, oil, and major forex pairs, accessed through the same Unified Trading Account that supports crypto trading. For users who want traditional market exposure alongside crypto.
• Bybit EU (MiCAR-Regulated EEA Entity) MiCAR-regulated crypto asset service provider headquartered in Austria (with FMA oversight) that offers EUR spot trading, EUR fiat on-ramps, and segregated custody for retail and professional clients in the European Economic Area.
• Bybit Institutional / Prime Brokerage Institutional crypto trading and prime brokerage service with RFQ block trading, Open Execution Stack, Broker Dedicated Connection, multi-account structures, and API/FIX connectivity for hedge funds, prop firms, and market makers.
• Private Wealth Management (PWM) Discretionary private wealth management program for high-net-worth clients and family offices, with a dedicated private relationship manager, performance-based fee structure (1.5% management + 15% performance), and bespoke exposure to crypto, derivatives, and tokenized RWA.
• Bybit Earn Earn product suite offering flexible savings, fixed-term staking, Dual Investment, and RWA yield products for users seeking passive income on their crypto holdings.
• Bybit P2P Peer-to-peer marketplace enabling users to buy and sell crypto directly with other users using local fiat payment methods, often with promotional zero fees.
• Bybit Card Crypto-backed card product that allows users to spend their crypto balances at merchants globally, bridging exchange balances to everyday spending.
• Bybit Pay Crypto payment service for merchants and users to send, receive, and accept crypto payments.
• TradeGPT AI-powered market analysis and Q&A assistant embedded in the Bybit app to help users interpret market data and product features.
• AI Sub-Accounts AI-driven Sub-Accounts that enable automated portfolio rebalancing and strategy execution within the Unified Trading Account.
• Bybit AI MCP AI Model Context Protocol infrastructure that enables AI agents to interact with the Bybit platform for trading and data access.
• ByReal (Onchain DEX) Onchain decentralized exchange (DEX) for perpetual and spot trading, complementing Bybit's centralized products with wallet-based on-chain access.
• Onchain Swap / Onchain Trading API Onchain swap engine and APIs for executing on-chain trades via the Bybit on-chain trading product.
• Tokenized xStocks (Tokenized Equities) Tokenized equity products that give users stock exposure on-chain through the Bybit platform, integrated with spot trading.
• IPO Express (Tokenized IPO Access) Product enabling users to participate in tokenized IPO allocations through the Bybit platform.
• RWA Earn Earn product that provides yield exposure to tokenized real-world asset investments, bridging traditional yield with on-chain access.
• Bybit Convert Zero-fee instant conversion tool allowing users to swap between supported crypto assets at quoted prices.
• Spread Trading Spread trading product that lets users execute spread strategies between supported pairs in a single order.
• Trading Bots Automated trading bots (e.g., grid, DCA, martingale) built into the Bybit app to enable algorithmic strategies without coding.
• Copy Trading Copy trading product that allows users to mirror the strategies of selected lead traders in spot and derivatives markets.
• Bybit Fixed Rate Loans Fixed-rate loan product enabling users to borrow stablecoins or crypto against their crypto collateral at predictable interest rates.
• Islamic Account (Sharia-compliant trading) Sharia-compliant spot trading account that waives swap fees and interest in line with Islamic finance principles.
• Proof of Reserves (On-chain Reserve Verification) On-chain verification system that publishes real-time proof of Bybit's customer asset reserves for transparency.
• Bybit Alpha (Token Selection / Launchpad) Curated token selection and early-stage token discovery product that surfaces new token launches and trading opportunities on Bybit.
• Bybit VIP Program Tiered VIP membership program offering fee discounts, dedicated account management, and exclusive rewards for high-volume retail and professional traders.
• Bybit Mobile App (iOS and Android) Native iOS and Android mobile applications providing access to spot, derivatives, options, Earn, P2P, Bybit Card, Bybit Pay, and AI tools on smartphones.

Quantifiable outcome

• World's second-largest crypto exchange by trading volume
• +9 more outcomes

Named customers8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration37 records

AI capability12 records

Feature10 records

Partnerships

55 partnerships are on record, tiered flagship, core and minor.

• Austrian Financial Market Authority (FMA)flagshipOthers · 19 June 2026Austria's FMA granted Bybit EU GmbH a MiCAR license, enabling the company to serve EEA customers (excluding Malta) with custody, exchange, placement, and transfer services through bybit.eu from its Vienna headquarters.
• UBS Asset Management (UBS uMINT)flagshipStrategic or Co-development Partner · 18 June 2026UBS uMINT — a tokenized USD money market fund issued by UBS Asset Management and distributed by DigiFT — was deployed as yield-bearing off-exchange settlement collateral in live trading operations on Bybit via ByCustody, creating a three-layer architecture for institutional capital efficiency.
• Monetary Authority of Singapore (MAS)coreOthers · 17 June 2026MAS added Bybit to its Investor Alert List on June 17, 2026. Bybit is engaging with MAS to understand the basis for the action and confirms it does not serve Singapore residents and implements IP-blocking. Singapore is listed as a "restricted service country."
• Mantle NetworkcoreStrategic or Co-development Partner · 16 June 2026Mantle Vault AUM more than doubled in Q1 2026, capturing capital flight to safety with a 50% AUM jump in January. Mantle and Bybit partner across CeDeFi (Super Portal for MNT on Solana), DeFi integrations (Aave, Almanak, EtherFi), tokenization rails, and yield-bearing stablecoin products.
• Plume NetworkcoreTechnology or Integration · 15 June 2026Plume partnered with Bybit to launch RWA Earn, enabling Bybit users to deploy idle stablecoins into tokenized fixed-income products. Plume provides onchain infrastructure for subscriptions and allocation, and supports over $512 million in on-chain transfers and approximately 250,000 RWA holders.
• DigiFTflagshipTechnology or Integration · 15 June 2026DigiFT is the regulated exchange through which tokenized fixed-income products (PIMCO, CMBI funds) and UBS uMINT are issued. DigiFT serves as the authorized distributor enabling Bybit's RWA Earn platform to offer institutional-grade fixed-income products to eligible users.
• PIMCOcoreStrategic or Co-development Partner · 15 June 2026PIMCO's Dynamic Income Opportunities Fund is one of the inaugural tokenized fixed-income products offered via Bybit's RWA Earn platform. Tokenized through DigiFT using Plume's onchain infrastructure, with USDC subscriptions and no subscription/redemption/onchain transaction fees.
• CMB International (CMBI)coreStrategic or Co-development Partner · 15 June 2026CMBI Investment Grade Bond Fund is offered alongside PIMCO's on Bybit's RWA Earn platform, giving crypto-native investors exposure to Asia-Pacific investment-grade bonds through a fully onchain structure.
• Payward Services (xStocks)flagshipTechnology or Integration · 7 June 2026Bybit launched IPO Express powered by Payward's xStocks framework, enabling eligible retail investors worldwide to subscribe to tokenized IPO shares at offering price, starting with SpaceX on June 7, 2026. Trades through Bybit Spot from June 12, 2026. The integration reflects a convergence of traditional capital markets and crypto-native infrastructure.
• Government of VietnamcoreOthers · 5 June 2026Bybit CEO Ben Zhou met Vietnam's Deputy PM Nguyễn Văn Thắng on June 4, 2026 to deepen regulatory engagement around Vietnam's Resolution No. 05/2025/NQ-CP pilot framework. Second official engagement within a year. Collaboration covers market surveillance, compliance expertise, talent training.
• Western Union (USDPT)flagshipStrategic or Co-development Partner · 4 June 2026Bybit became the first major crypto exchange to integrate Western Union's USDPT stablecoin (issued by Anchorage Digital Bank on Solana), enabling users in selected Latin American markets to buy and sell USDPT through Bybit's fiat channels. Settlement reduced from days to minutes with around-the-clock availability.
• Anchorage Digital BankcoreStrategic or Co-development Partner · 4 June 2026Anchorage Digital Bank issues the USDPT stablecoin and provides institutional custody for Bybit's bbSOL token. Backed by reserves at Anchorage Digital Bank N.A., USDPT is fully backed by reserves, redeemable 1:1 for US dollars.
• MastercardflagshipOEM/ Whitelabel/ Licensing Partner · 4 June 2026Bybit Card issued on the Mastercard network across Brazil, Argentina, Europe, and other markets — supporting Apple Pay, Google Pay, AVAX/MNT/BTC/ETH cashback options. Recognized as the Best Performing Crypto Card by Mastercard at EDGE 2025.
• Ski AustriaminorGTM or Marketing Partner · 22 May 2026Bybit EU named Official Partner of Ski Austria — part of broader European expansion under the MiCAR regulatory framework.
• TBC Bank GeorgiacoreChannel Partner/ Reseller/ Distributor · 20 May 2026Partnership enables TBC Georgia customers to trade cryptocurrencies through TBC's digital banking app, powered by Bybit's infrastructure. Bybit Georgia also partnered with City Mall for Bybit Card cashback campaigns and Setanta Sports for sponsorship.
• Casper Ruud / Stockholm OpencoreGTM or Marketing Partner · 19 May 2026Bybit EU is the title sponsor of the Stockholm Open ATP 250 tournament held annually at the Royal Tennis Hall. Defending champion Casper Ruud confirmed participation in the 2026 edition, marking one of Bybit EU's first major sponsorship moments in the Nordics.
• Orbit MarketscoreTechnology or Integration · 14 May 2026Orbit Markets integrated with Bybit's RFQ platform to boost institutional options liquidity, providing improved execution speed and customization for institutional traders. Orbit Markets also serves as the liquidity provider for Bybit's XAUT (gold-backed token) options.
• Fireblocks (Off-Exchange)flagshipTechnology or Integration · 9 May 2026Bybit integrated Fireblocks Off-Exchange to mitigate counterparty risk for institutional trades — enables institutional clients to settle with Bybit while assets remain custodied in Fireblocks.
• MoneyBadger (South Africa)coreChannel Partner/ Reseller/ Distributor · 4 May 2026Bybit Pay expanded to South Africa through a partnership with MoneyBadger, enabling users to make crypto purchases via QR codes at hundreds of thousands of merchants using Scan to Pay, Zapper, and Pick n Pay. South Africa has 5.8M crypto owners (9.44% ownership rate).
• Tether (Gold collaboration)coreStrategic or Co-development Partner · 29 April 2026Bybit and Tether launched Golden Month/Golden Season giveaways featuring 1-ounce gold bars and 30 referral rewards, bringing gold-backed stability to crypto investors. Tether Gold (XAUT) is supported on Mantle, TON, and integrated with Bybit's TradFi products.
• Apple (Apple Pay)coreOEM/ Whitelabel/ Licensing Partner · 29 April 2026Apple Pay supported on Bybit Card in Argentina, Brazil, and other markets, elevating payment experience and increasing card utility.
• Google (Google Pay)coreOEM/ Whitelabel/ Licensing Partner · 29 April 2026Google Pay integration across 35+ currencies simplifies crypto purchases; also supports Bybit Card spending in EEA region.
• KomainucoreTechnology or Integration · 29 April 2026Komainu partnership enables 24/7 secure trading of segregated assets under custody for institutional investors, supporting Bybit's institutional expansion.
• Sygnum (Swiss Regulated Custody)coreTechnology or Integration · 29 April 2026Sygnum partnership brings off-exchange Swiss-regulated custody to strengthen institutional crypto security on Bybit.
• ByCustody (Institutional Custody)flagshipStrategic or Co-development Partner · 29 April 2026ByCustody is Bybit's institutional custody arm — used in the three-party architecture for UBS uMINT off-exchange settlement, with assets custodied in ByCustody while serving as margin on Bybit.
• Block ScholesflagshipStrategic or Co-development Partner · 29 April 2026Long-standing research partnership producing weekly, monthly, and quarterly derivatives analytics reports for crypto markets — co-branded market intelligence on BTC/ETH options, perpetuals, volatility, and macro trends.
• FXStreetcoreStrategic or Co-development Partner · 29 April 2026Co-branded TradFi reports with FXStreet on macro events, gold/silver dynamics, Fed decisions, Japan leadership shift, and CPI/PPI data interpretation for crypto markets.
• DMCC (Dubai Multi Commodities Centre)flagshipStrategic or Co-development Partner · 29 April 2026Long-term Web3 ecosystem partnership — DMCC and Bybit run MENA's flagship Web3 hackathon series (Web3 Unleashed), with USD 140,000 awarded to winners of the third edition. Co-hosted events at DMCC Crypto Centre in Dubai.
• Block Scholes / Santiment / Nansen (Research)coreStrategic or Co-development Partner · 29 April 2026Bybit joined the Nansen Points Program as its first exchange partner; Santiment partnership delivers DeFi reports on platform tokens; Block Scholes provides derivatives analytics.
• Circle (USDC)flagshipStrategic or Co-development Partner · 29 April 2026Strategic partnership with Circle to advance global USDC adoption — includes USDC trading pair launches, competitive fee framework, and liquidity enhancements on Bybit.
• Doppler Finance (XRP Earn)minorStrategic or Co-development Partner · 29 April 2026Partnership delivers institutional-grade XRP Earn product for users via Bybit Earn (up to 5% APR) and the XrpFi rollout.
• Aave (DeFi liquidity)coreStrategic or Co-development Partner · 29 April 2026Mantle-Bybit-Aave partnership brings institutional-grade DeFi liquidity onchain at global scale, expanding onchain yield products for institutional clients.
• Almanak (AI Quant)minorStrategic or Co-development Partner · 29 April 2026Bybit-Mantle-Almanak partnership to bring AI-powered quant strategies onchain at global scale for institutional traders.
• Ghaf Labs (MENA Web3)minorStrategic or Co-development Partner · 29 April 2026Strategic partnership with Ghaf Labs to accelerate Web3 adoption in the Middle East, leveraging Ghaf Capital Partners' regional network.
• QNB Group & DMZ Finance (QCDT)flagshipStrategic or Co-development Partner · 29 April 2026Bybit became the first crypto exchange to partner with QNB Group and DMZ Finance to accept QCDT — unlocking institutional access to digital assets via a tier-1 Middle Eastern banking partner.
• SettlePay (Global Payments)minorChannel Partner/ Reseller/ Distributor · 29 April 2026Strategic channel partnership with SettlePay expands Bybit Pay's global reach for crypto-to-fiat payments.
• SignalPlusminorStrategic or Co-development Partner · 29 April 2026Recurring trading competition partnership with SignalPlus offering $300,000 USDT prize pools for crypto derivatives traders.
• Nasdaq (Market Surveillance)flagshipTechnology or Integration · 29 April 2026Bybit EU adopts Nasdaq's Market Surveillance Platform to reinforce compliance with MiCAR — institutional-grade surveillance technology deployed across EEA operations.
• TradingViewcoreTechnology or Integration · 29 April 2026TradingView integration includes premium insights, USDT airdrops, and Official WSOT 2025 Partner status with multi-chart experience collaboration.
• Plasma (XPL token listing)minorStrategic or Co-development Partner · 29 April 2026Plasma partnership enables XPL listing on Bybit Spot with zero-fee USDT transfers unlocked via the integration.
• Ethena (USDe)coreStrategic or Co-development Partner · 29 April 2026Bybit-Ethena partnership delivers USDe collateral and reward programs (Mantle Sharding Campaign, On-Chain Earn integrations) for efficient collateral management.
• University of Hong Kong (HKU)coreImplementation/ SI/ Consulting Partner · 29 April 2026Anti-money laundering research collaboration with HKU students using the February 2025 Bybit breach as a case study — analyzed ~49,800 Bitcoin blocks and 146M+ transactions with 70.5% recall in identifying Lazarus Group patterns.
• University of Wollongong in Dubai (UOWD)minorGTM or Marketing Partner · 29 April 2026Hosted exclusive demo trading challenge for UOWD students as part of Bybit's university outreach and crypto education efforts in the UAE.
• St. Paul American Scholars School (Dubai)minorGTM or Marketing Partner · 29 April 2026Bybit established a $100K scholarship at St. Paul School, supporting future leaders and educational initiatives in Dubai.
• Blockchain for Good Alliance (BGA) & UNDP AltFinLabflagshipStrategic or Co-development Partner · 29 April 2026BGA co-founded by Bybit with global partners; launched global accelerator and fund with UNDP, Blockchain Impact Forum, and recognized Token Tails as 2025 top incubation project for stray cat rescue infrastructure.
• UAE Securities and Commodities Authority (SCA)flagshipOthers · 29 April 2026Bybit received the UAE's first Virtual Asset Platform Operator License from the SCA and operates under VARA (Dubai) provisional non-operational approval, supporting regulated crypto trading from Dubai.
• Kazakhstan AFSA / National Bank of KazakhstancoreOthers · 29 April 2026Bybit Kazakhstan holds a full AFSA license, launched KZT/USDT spot trading, the country's first fully regulated P2P platform, and a QR-based crypto payment pilot via NBK sandbox. Bybit Kazakhstan and AFSA pioneer stablecoin payments for AIFC regulatory fees.
• Satos (Netherlands)coreChannel Partner/ Reseller/ Distributor · 29 April 2026Bybit Powered by Satos launched a regulated digital asset platform in the Netherlands — soft launched Amsterdam office with grand opening in August. Satos serves as the local licensed operating entity.
• Careem (MENA ride-hailing)minorGTM or Marketing Partner · 29 April 2026Bybit amplified Web3 crypto lifestyle in the Careem app, launching a MENA marketing campaign with crypto rewards and payment integration.
• Foxbit (Brazil)minorGTM or Marketing Partner · 29 April 2026Bybit collaboration with Foxbit to support Southern Brazil flood victims — humanitarian partnership extension.
• Frank Muller / Sidus HeroesminorGTM or Marketing Partner · 29 April 2026Bybit and Franck Muller partner with Sidus Heroes to launch Cosmic Gears — a pioneering Web3 game with a $250,000 prize pool and exclusive watch collection.
• Oracle Red Bull Racing (Velocity Series 2.0)flagshipGTM or Marketing Partner · 29 April 2026Bybit and Oracle Red Bull Racing partnership — Velocity Series 2.0 unveiled innovative divisible data-driven art NFTs as part of an extended multi-year motorsport sponsorship.
• Flock.io (BGA)minorStrategic or Co-development Partner · 29 April 2026Strategic partnership between Blockchain for Good Alliance (BGA) and Flock.io to advance blockchain and AI for good — joint impact-led initiative.
• Phemex (partner exchange)minorOthers · 29 April 2026Listed alongside Binance, OKX, and Bybit among the four leading centralized crypto exchanges for execution speed in 2026.
• Tomorrowland BrasilflagshipGTM or Marketing Partner · 1 January 2025Bybit is the Exclusive Payment Partner for Tomorrowland Brasil 2025/26/27, with cardholder presales, exclusive events like "Portal do Amanhã" (Tomorrowland Brasil 2027), and early-bird ticket access. Partnership extended through 2027 following strong 2025 results.

Scale indicators19 records

Recent moves15 records

Expansion highlights8 records

Market position

Strengths2 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Bybit_Official
• Facebookfacebook.com/Bybit
• LinkedInlinkedin.com/company/bybitexchange

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments30 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bybit