Bybit expands RWA push with tokenized bond funds from PIMCO, CMBI
Summary
Bybit is expanding into real-world assets with a new RWA Earn platform that offers eligible users access to two tokenized bond funds: PIMCO’s Dynamic Income Opportunities Fund and China Merchants Bank International’s Investment Grade Bond Fund. The products are tokenized through DigiFT, while Plume provides the onchain infrastructure for subscriptions and allocation. Users can subscribe with USDC and pay no subscription, redemption, or onchain transaction fees, though the funds are not principal protected and returns are not guaranteed. The move reflects broader growth in tokenized assets beyond Treasury products, with the market reaching about $31.8 billion and gaining traction across crypto and traditional finance.
