Bybit RWA Earn Adds Japanese High-Dividend Equity Strategy via JPE Token
Bybit has expanded its RWA (Real-World Asset) Earn platform by introducing JPE, a tokenized product providing on-chain exposure to a Japanese high-dividend equity strategy. The underlying fund is managed by SBI Asset Management Co., Ltd. and utilizes the JX token issued by DigiFT on the Ethereum blockchain. This move marks Bybit's first expansion into equity markets within its RWA offering, moving beyond its previous focus on fixed-income strategies. The product is facilitated through Plume, an open finance platform for institutional assets. Subscriptions are denominated in USDC with a minimum requirement of 5,000 USDC. To encourage adoption, Bybit is covering all on-chain gas fees and offering zero subscription or redemption fees, utilizing a T+5 settlement cycle.