Overview
- MyBank will provide personal IBAN accounts that support transfers in 18 fiat currencies, with KYC required for deposits, salary receipts, bill payments, and instant conversion to crypto within the platform.
- Bybit says the rollout is planned for February pending regulatory approvals, with partnerships including Pave Bank in Georgia, Qatar National Bank, and DMZ Finance.
- Alongside retail accounts, Bybit is promoting ByCustody for institutions, citing more than $5 billion in assets supported and over 2,000 institutional users as it targets tokenized real‑world assets.
- CEO Ben Zhou said the company is exploring a U.S. market entry through a licensed partner and maintains a long‑term goal of a public listing in the United States.
- Following a major 2025 hack linked to the Lazarus Group, Bybit said it reimbursed customers from its treasury and implemented over 50 security upgrades, and it now reports roughly 81–82 million users globally.