Entity background
Bybit is a global crypto trading platform offering spot, derivatives, unified trading accounts, and earn products. Its security, reserves, product rules, and listing notices are important inputs for assessing market access and trading risk.
Current focus
xiyu.news has tracked 5 related reports since 2026-09-11. The latest focus is “Bybit to Accept Franklin Templeton Fund Shares as Collateral”. 5 continuing event timelines connect the coverage over time.
Recent developments
5 entries- #01
Bybit to Accept Franklin Templeton Fund Shares as Collateral
Bybit announced it will accept Franklin Templeton fund shares, including the asset manager's tokenized money market fund, as collateral on its platform. A separate report described the move as a strategic collaboration between the two firms aimed at expanding access to tokenized investing. The arrangement broadens the set of institutional-grade collateral available for crypto trading by linking a traditional asset manager's fund products to an exchange's margin system. The announcement covers Franklin Templeton fund shares, with the tokenized money market fund specifically named as eligible collateral. Bybit is the platform extending the collateral option; no launch date or eligibility criteria were specified in the available material.
- #02
Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
Franklin Templeton and Bybit announced a program allowing eligible institutional clients to pledge tokenized shares of Franklin Templeton money market funds, issued through its Benji platform, as collateral for USDT- or USDC-denominated trading credit lines on Bybit. The fund shares stay in off-exchange custody and continue to earn yield while being used to finance trading on the exchange. The arrangement extends tokenized money market fund shares beyond buy-and-hold holdings into a collateral role for exchange trading, letting institutions finance crypto positions without selling the yield-bearing assets or moving them onto the exchange. Franklin Templeton and Bybit said they also plan a tokenized investment product for wallet users on Bybit and the Mantle network, but have not disclosed details. Franklin Templeton ran a similar structure with Binance in February 2026.
- #03
Bybit Launches Perpetual Options on NVIDIA and SpaceX
Bybit announced the launch of perpetual options (calls and puts) on NVIDIA and SpaceX, tradable 24/7. The contracts support fractional lots, are powered by the Bybit Unified Trading Account (UTA) with portfolio margin, and support full multi-leg strategy construction, with more tickers promised soon. This pushes crypto-native derivatives design — perpetual, expiry-less contracts traded around the clock — onto non-crypto underlyings, including a private company that has no publicly listed shares. It widens the competitive overlap between offshore crypto exchanges and traditional brokerages, and gives traders continuous exposure to names that normally trade only during equity market hours. Perpetual options have no expiry or exercise date, so the position can be held indefinitely rather than rolled or settled at a fixed maturity. Fractional lots lower the minimum ticket size, while portfolio margin is a risk-based margining method that assesses total portfolio risk instead of margining each leg separately, which can reduce margin requirements on hedged structures.
- #04
Bybit Blocks Coordinated Fake Deposit Attacks, Averting $1B+ in DOT Losses
Bybit said it detected and blocked a coordinated wave of fake deposit attacks that targeted multiple blockchain networks, preventing potential losses exceeding $1 billion worth of DOT. The exchange described the attempts as using increasingly sophisticated techniques aimed at exploiting weaknesses in its deposit scanning systems. Fake deposit attacks strike the verification layer of exchange infrastructure — the part users implicitly trust to credit their balances correctly — so a successful hit at this scale would have ranked among the largest losses in exchange history. The episode also signals that centralized exchange deposit pipelines remain a live attack surface that attackers can industrialize across chains and tokens. According to Bybit, the campaign spanned multiple blockchain networks and was coordinated rather than opportunistic, suggesting the attackers had mapped deposit-scanning logic in advance. The headline figure refers to the notional value of DOT that could have been fraudulently credited, not funds actually lost, since Bybit says the attempts were stopped before settlement.
- #05
Bybit Plans European 'Super-App' Combining Stocks, Derivatives and Crypto
Bybit, one of the world's largest crypto exchanges by trading volume, announced plans to launch a European "super-app" that would let users trade stocks and derivatives alongside crypto in a single platform. The move marks an expansion of Bybit's product suite beyond its core crypto spot and derivatives business into the EU market. This is a product-expansion and market-structure play: it blurs the line between crypto exchanges and traditional brokerages in Europe, putting Bybit in direct competition with EU neobrokers and other trading platforms for retail order flow. It also signals that major exchanges increasingly see multi-asset "super-apps" as the growth path now that pure crypto trading has become a crowded, fee-compressed business. The offering combines equities and derivatives with crypto under one interface, and derivatives are leveraged instruments whose retail distribution in the EU is constrained by leverage caps and suitability rules, so the product design will hinge on which licenses Bybit holds in which member states. The success of such an app also depends on execution quality, custody arrangements and how assets are segmented across brokerage and crypto entities.