Bybit CEO: Bybit to Expand TradFi Business on a Compliance-First Basis, Building a One-Stop Financial Platform

BlockBeats news, October 13: Bybit CEO Ben Zhou stated in the "Make Your Move" global keynote speech that Bybit's development direction will place greater emphasis on TradFi and infrastructure building, with the goal of creating a one-stop financial platform. Currently, there are no plans to launch a DEX or a similar product to Hyperliquid.

Ben Zhou believes that DEX platforms such as Hyperliquid and centralized exchanges serve different needs and are not direct competitors. As Bybit continues to obtain more licenses, the platform hopes to expand its user base and attract more users into Web3. He further stated that centralized exchanges should play the role of financial infrastructure and traffic gateways, connecting the real world with the crypto world through products such as Bybit Card and Bybit Pay, which is also Bybit's current core development focus.