Crypto Exchanges
By James Thorp
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Who Are Unitree and Moonshot AI?. The source didn't specify detailed backgrounds on either company, so some context is worth laying…
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Bybit's Push Beyond Crypto. Bybit's move into TradFi isn't new, but it's been accelerating.
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Bybit just made its pre-IPO perpetuals shelf a little more crowded. The crypto exchange dropped Unitree and Moonshot AI into its lineup, pushing a product catalog that already…
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The two additions land inside Bybit's pre-IPO perpetual products section — a corner of the platform that lets traders get exposure to private companies before any public listing…
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Bybit's broader TradFi shelf now covers equities, ETFs, commodities, indices, and private companies. Over 200 products total.
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That makes them interesting additions to a pre-IPO perpetuals desk. Traders betting on either company are essentially taking a view on private market valuations — a murky…
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Bybit's move into TradFi isn't new, but it's been accelerating. The exchange has been stacking traditional financial instruments onto its platform for a while now, and the…
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More context: Cboe Files for 3x Leveraged Bitcoin and Ether ETFs, Putting SEC in the Hot Seat
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And it's not just Bybit doing it. Across the industry, major exchanges have been layering TradFi products onto their platforms, blurring the line between crypto-native venues and…
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For Bybit specifically, the TradFi expansion also serves a branding function. The exchange has faced scrutiny in various jurisdictions over the years, and building out a…
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Whether that lands is unclear. Regulatory environments across Asia, Europe, and the Middle East are still shifting fast, and what counts as a compliant pre-IPO derivative product…
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Bybit hasn't said which markets Unitree and Moonshot AI perpetuals are available in, or what margin requirements look like for those contracts. No details on fees either.
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More context: Grayscales Zach Pandl Sees $39.91 Trillion Debt and Tokenization Pushing Bitcoin Forward
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What's clear is the direction. Bybit wants to be a one-stop platform — crypto, commodities, private company exposure, ETFs, all of it sitting under one login.
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