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CRYPTO

Bybit seeks brokerage partners to enter U.S. market

Bybit’s chief executive Ben Zhou outlined the exchange’s strategy for expanding into the United States, emphasizing collaboration with established financial firms as a pathway t...

By coindesk · 8h ago · Source: coindesk

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Bybit’s chief executive Ben Zhou outlined the exchange’s strategy for expanding into the United States, emphasizing collaboration with established financial firms as a pathway to compete with platforms such as Robinhood Markets. In an interview, Zhou described partnerships as the company’s standard entry method for new markets, citing Interactive Brokers as a potential partner given its existing U.S. client base and non‑crypto focus. Bybit, which operates in more than 180 countries and serves over 80 million registered users, is pursuing global licensing to introduce regulated products including derivatives and tokenized securities. Zhou noted that the company is monitoring regulatory developments, particularly the potential passage of the Clarity Act, which could enable a single federal license rather than the lengthy state‑by‑state licensing process required of rivals like Coinbase. By avoiding an early U.S. presence, Bybit aims to leverage a clean regulatory record when market conditions become favorable. The executive highlighted the United Kingdom as another promising jurisdiction, where crypto regulation is evolving and competition among global exchanges remains limited. While acknowledging the high costs and complexity of entering regulated markets, Zhou indicated that Bybit is evaluating opportunities in Europe, Southeast Asia, Latin America and Africa, but remains focused on securing a suitable U.S. partner before pursuing broader expansion.

Source transparency

Publisher
coindesk
Reliability
high
Published
10/22/2026, 12:03:09 PM
Retrieved
10/22/2026, 12:03:09 PM
Relevance
80%
Confidence
85%
Read original at coindesk

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