US Stock Futures Dive Further

Bybit CEO Ben Zhou announced during the "Make Your Move" global keynote speech that Bybit will partner with Mantle to launch the tokenized stock product mStocks. The product is fully backed by real assets at a 1:1 ratio, supports 24/7 round-the-clock two-way conversion, and will enable all AMM liquidity pools in the Mantle ecosystem for users to trade via decentralized exchanges.

Bybit CEO Ben Zhou announced the launch of Bybit Direct Stock during his "Make Your Move" global keynote speech. Users can directly hold and trade real stocks via Bybit, gaining access to over 1,000 trading pairs and assets from the US market, as well as full ownership of the underlying stocks. Ben Zhou noted that these stock assets will be held in the Unified Trading Account (UTA). Going forward, Bybit plans to further support stocks as trading collateral and roll out a stock lending service. Additionally, the platform will facilitate broker transfers, enabling users to move stocks held at brokers such as Futu and Moomoo to their Bybit accounts for custody.

Bybit CEO Ben Zhou stated during his "Make Your Move" global keynote speech that the exchange will shift its development focus toward TradFi and infrastructure building, with the goal of building a one-stop financial platform. Currently, Bybit has no plans to launch a decentralized exchange (DEX) or a product similar to Hyperliquid. Zhou noted that DEX platforms like Hyperliquid and centralized exchanges cater to different user needs and are not direct competitors. As Bybit continues to secure additional licenses, the platform aims to expand its user base and onboard more users into Web3. He added that centralized exchanges should function as financial infrastructure and traffic entry points, bridging the real world and the crypto ecosystem via products such as Bybit Card and Bybit Pay—this is also Bybit’s current core development priority.

According to HTX market data, Bitcoin has broken through the $84,000 mark, with a 1.47% rise over the past 24 hours.

Bybit CEO Ben Zhou stated during the "Make Your Move" global keynote speech that Bybit’s goal is to build a trading platform covering all types of global assets, allowing everyone to access opportunities in global financial markets. Ben Zhou revealed that Bybit’s TradFi market currently offers over 500 products, including oil, foreign exchange, commodities, Nasdaq indices, and individual stock CFDs. Since launching TradFi perpetual contracts in March this year, the platform has rolled out more than 250 such contracts, with a cumulative trading volume of approximately $180 billion. Furthermore, Bybit entered the pre-market trading space in June this year, with plans to provide users with corresponding pre-market trading opportunities ahead of the listing of new stocks with strong market demand. Ben Zhou noted that Bybit should not be limited to a crypto trading platform; instead, it aims to continuously expand into diverse asset classes such as TradFi, enabling users to participate in trading across different financial markets at any time.

According to official announcements, privacy stablecoin payment network Payy has initiated a claims process for affected users following the September 24 cross-chain bridge contract hack. The claim application window is 30 days. Eligible claims will be disbursed in USDC on the Ethereum network. Additionally, Payy Wallet is currently suspended and will be fully shut down after the claims window closes. On September 24, Payy’s cross-chain bridge contract on Ethereum was exploited, draining all funds from the contract, resulting in losses of approximately $1.8 million.