Bybit to Launch European Super App Offering Bank Accounts and Trading Services
Cryptocurrency exchange Bybit is set to launch a new super app in Europe, combining traditional banking services with stock and crypto trading. The Dubai-based firm has obtained an electronic money institution license from European regulators and already holds a Markets in Crypto Assets (MiCA) license in Austria. This will allow the company to offer users regular bank accounts alongside derivatives, tokenized stocks, and digital assets like Bitcoin. Bybit aims to integrate financial technology services with online brokerage offerings into one platform for its European customers. The firm has partnered with xStocks, a service from rival exchange Kraken, to provide access to tokenized equities within the app. However, no specific launch date has been announced yet.
Topics: cryptocurrency Europe expansion financial services super app