Bybit will look for big broker partnerships to take on Robinhood (HOOD) in the U.S.
Summary
Bybit CEO Ben Zhou said the exchange may enter the U.S. by partnering with an established company that already has a customer base, citing Interactive Brokers as one possibility. He said obtaining state-by-state licenses could take two to three years, and Bybit may wait for clearer federal rules before entering. Zhou said Bybit’s absence from the U.S. leaves it with a clean regulatory record and allows it to choose its timing. The exchange is also assessing the U.K. as a potential growth market, though entry costs are high and no London office has been selected.
