Coinbase and Bybit in Talks for Collaboration on Tokenization of U.S. Stock Assets
This content has been translated by AI
Summary
Coinbase and Bybit are currently in negotiations regarding a partnership for the tokenization of U.S
BroadChain has learned that at 22:46 on April 20, according to TechFlow, Coinbase is in negotiations with cryptocurrency exchange Bybit regarding the tokenization, custody, and global distribution of assets such as U.S. listed stocks and pre-IPO stocks. Insiders revealed that the discussions are still ongoing and do not involve an equity acquisition by Bybit to enter the U.S. market. It is reported that Bybit's plan to enter the U.S. market will be advanced by a new entity led by former co-CEO Helen Liu, introducing an undisclosed local partner to provide licensing and compliance support, while Bybit will be responsible for providing technology, products, and liquidity.