Web Analytics
Invezz
2025-10-07 12:10:00

Bybit CEO outlines real-world blockchain applications transforming finance

At the Blockchain for Good Alliance (BGA): The Scaling Summit in Singapore, held alongside TOKEN2049, Bybit CEO and co-founder Ben Zhou laid out a bold vision for the future of digital finance. Zhou urged the industry to move beyond speculation toward tangible use cases built on blockchain infrastructure. According to Zhou, the RWA market has surged more than 400% in three years, growing from $5 billion in 2022 to over $30 billion by 2025. Private credit and US Treasuries lead the sector, representing $14.7 billion and $7.3 billion in tokenized instruments, respectively. Major global institutions like BlackRock, Franklin Templeton, and JPMorgan are spearheading adoption, while analysts at McKinsey and Standard Chartered predict that tokenized assets could reach between $4 trillion and $30 trillion within the next decade. Stablecoins, Zhou emphasized, have now become the backbone of on-chain financial activity. Their total market capitalization surpassed $300 billion in September 2025, with cross-border blockchain payments soaring over 1,000% in the first half of the year. Leading payment firms, including Mastercard, Visa, PayPal, and Stripe, have all begun integrating stablecoin settlement solutions, signaling what Zhou called a “fundamental shift in how money moves across the world.” While highlighting how adoption by mainstream payment networks marks a decisive turning point for the sector, Zhou said: Stablecoins and tokenized assets are no longer ideas for the future; they are now the building blocks of a more transparent, efficient financial system Bybit strengthens bridge between TradFi and Blockchain Zhou also detailed how Bybit is positioning itself at the forefront of this structural shift. The exchange has rolled out a dedicated B2B and institutional unit to work with corporate partners, marking its latest step in bridging traditional finance (TradFi) with blockchain ecosystems. Among its recent advancements, Bybit became the first exchange to accept a DFSA-approved tokenized money market fund as collateral through a partnership with QNB Group, DMZ Finance, and Standard Chartered. It also announced a revenue-sharing collaboration with Circle to expand USDC liquidity and global usage. Additionally, Bybit is bringing gold tokenization to the TON blockchain and adding new US Treasury bill opportunities via its Bybit Earn platform. While emphasising its mission, Zhou said: Our mission is to connect traditional finance with the blockchain economy. Blockchain isn’t meant to replace financial systems, it’s meant to make them stronger, more inclusive, and more transparent. Founded in 2018, Bybit is now the world’s second-largest cryptocurrency exchange by trading volume, serving over 60 million users globally. From tokenized assets to stablecoin integration, Zhou’s message at the summit underscored how blockchain’s next era will be defined not by hype, but by real-world value creation. The post Bybit CEO outlines real-world blockchain applications transforming finance appeared first on Invezz

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.