Bybit Adds US Stock Trading as TradFi Platform Expands
Bybit has launched stock trading for eligible users, expanding its push to become an all-in-one financial platform. Live since 12 October, the service offers more than 1,000 US stocks and ETFs, with USDC payments, fractional shares and trading during extended hours. Bybit stock trading adds to a TradFi range of more than 600 products, including stocks, ETFs, indices, commodities and foreign exchange. The exchange says TradFi perpetual contracts have recorded more than $180 billion in cumulative volume; its earlier crypto CFD business reached peak volume of $100 billion.
Bybit also plans to launch mStocks with Mantle in November. The tokenised stock products are intended to be backed one-to-one by real shares. Its IPO Express service offers access to selected IPOs at their offering price. Bybit further reported more than four million cards issued and payment access to over 5,000 merchants in more than 15 countries. The exchange said its security systems blocked over 30,000 suspicious withdrawal requests in the first half of 2026, preventing more than $700 million in potential losses, and that it secured five new licences or regulatory approvals during 2026.
The expansion broadens competition between crypto platforms and traditional brokers, but does not announce a new crypto token or a direct change to crypto trading rules. It is not, by itself, a clear price catalyst for crypto assets.
Neutral
The announcement is primarily a product and business-expansion update, not a direct catalyst for a crypto asset’s price. In the short term, traders may focus on Bybit’s broader reach, the use of USDC for stock purchases and the planned Mantle partnership. These could generate attention or modest changes in platform activity, but the summaries provide no evidence of new token demand, material on-chain flows or a change in crypto-market rules. The reported trading volumes, card numbers and security measures describe the platform’s scale and operations rather than an immediate market-wide price signal.
Over the longer term, adding equities, IPO access and tokenised stocks could strengthen competition between crypto exchanges and traditional brokers, and may support wider adoption of crypto-linked financial services. Any effect on USDC or Mantle’s token would depend on actual product uptake, regulatory approvals and whether the services create sustained demand or meaningful liquidity. Until those factors are demonstrated, the likely effect on the prices of the mentioned crypto assets is neutral. Broader market conditions, including Bitcoin direction, liquidity and risk appetite, are likely to remain more important drivers.