Bybit Plans European Super-App With Stocks, Derivatives and Crypto Under One Roof
TLDR
- Bybit holds a MiCA license in Austria giving it EU-wide access, and has applied for a MiFID II license to offer derivatives and regulated stocks
- CEO Ben Zhou says the platform will function like a banking app, with IBANs, salary payments, and local transfers
- Bybit is pursuing an electronic money institution license alongside MiCA and MiFID II to complete its European product stack
- Users could hold Apple and Tesla stocks alongside crypto in the same account once MiFID II is approved
- Bybit remains the largest partner of Kraken’s xStocks tokenized equities product
Bybit, one of the world’s largest crypto exchanges by trading volume, is building a single European platform where users can trade crypto, hold stocks, and access derivatives without switching apps.
🔴 Bybit adds EMI and MiFID licenses to launch EU 'super app' with stocks, derivatives
Bybit, serving 80 million users, has secured an electronic money institution license from Austria's FMA and will obtain a MiFID license within two months, CEO Ben Zhou said. The move allows… pic.twitter.com/ONOLQxX1hQ
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