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Crypto Exchange Bybit Moves From Stock CFDs to Real US Shares

0Importance
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5News media
5Pieces
Published
Updated
Since then
4 new reports
Also mentions
USDC

Bybit opened trading in more than 1,000 U.S.-listed stocks and ETFs for eligible users, with purchases made in USDC. The service also includes Alpaca execution and custody, and some securities can be traded in fractional amounts with 24/5 availability.

Key claims & sources

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Eligible users in permitted regions can trade selected U.S.-listed stocks and ETFs through the new service.
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Some of the securities in the offering support fractional shares and 24/5 trading.
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Bybit launched trading in more than 1,000 U.S.-listed stocks and exchange-traded funds for eligible users, with purchases paid in USDC.
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Orders are executed by Alpaca, a U.S. broker-dealer that also holds the shares in custody.
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The new service lets eligible global users buy U.S. stocks and ETFs directly from their exchange accounts using USDC.
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Bybit has also launched a 20-day campaign called Full Stocks Ahead with a 150,000 USDC prize pool for eligible users trading U.S. stocks and ETFs on the platform.

What it means

Eligible users on Bybit now have a new route into U.S. stocks and ETFs using USDC, and that is the change they would notice first. The feature is set out as available in permitted regions, with some securities offering fractional shares and 24/5 trading, which changes the way those users can place orders compared with a standard market schedule.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market
first headline
+0.1% 2 h before
-0.7% 4 h after
$2.8Tmarket cap at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 12 07:59
Finance Magnates scoop
Breaks the event: $141B and $45B
+3 h 32 m
Oct 12 11:31
crypto.news context
Its angle: announcement, accounts, purchase; with quotes
+3 h 51 m
Oct 12 11:50
The Defiant echo
No new facts: alternative, tokenized, executes
+4 h 3 m
Oct 12 12:02
The Daily Hodl context
Its angle: participant, leaderboard, competition
+1 d 10 h
Oct 13 18:42
Crypto Economy context
Its angle: intermediaries, international, verification

Has this happened before?

WhenWhat happenedFigure
39 days ago Franklin Templeton Brings Tokenized Collateral Service to Bybit event 2 actors in common · 11 news media
39 days ago Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit event 2 actors in common · 2 news media
27 days ago OKX launches flexible USDC loans in Europe event 1 actors in common · 2 news media
28 days ago Hedera Launches Agent Accounts for AI Agents to Transact Autonomously On-Chain event 1 actors in common · 3 news media
29 days ago Securitize launches tokenized US stocks on Solana event 1 actors in common · 14 news media