Bybit Set to Launch IBAN Accounts with Neobank Features in February

Bybit is gearing up to introduce IBAN accounts, aiming to enhance its neobank offerings, while also eyeing expansion into the U.S. market.

Bybit, the well-known cryptocurrency exchange, has announced plans to debut IBAN accounts in February, signaling a shift towards incorporating neobank functionalities. This strategic move is designed to broaden its financial services and cater to a new demographic of users.

In addition to this exciting development, Bybit is also considering a potential expansion into the United States market. The exchange is not only focusing on retail users but is also delving into institutional custody services aimed at tokenizing real-world assets, broadening its appeal in the evolving crypto landscape.