Bybit plans to launch bank-like account services and sees going public in the U.S. as a long-term goal

According to Bloomberg, cryptocurrency exchange Bybit plans to offer banking-like services by launching accounts that support fiat currency balances such as the US dollar.

Bybit CEO Ben Zhou stated that the exchange will collaborate with licensed institutions like Pave Bank in Georgia to launch "MyBank" accounts. These accounts will have International Bank Account Numbers (IBAN) and support the deposit and withdrawal of 18 currencies, expected to go live in February 2026. At that time, users will be able to directly convert incoming fiat currency into cryptocurrency.

In addition, Bybit plans to launch new custody products for institutional investors to support the tokenization of real-world assets (RWA). Ben Zhou also revealed that Bybit is researching entry into the US market and considers a US listing a long-term goal, currently negotiating with major banks regarding potential consulting work.