Bybit and Imrat Group hedge fund launch USDT-based stock trading
Bybit and international hedge fund Imrat Group have announced a partnership enabling crypto traders to buy stocks directly with USDT. International hedge fund Imrat Group and crypto exchange Bybit are joining forces to offer stocks on Bybit’s platform. On Friday, May 23, the two companies announced a partnership enabling users to trade stocks and other instruments using the USDT stablecoin. According to Imrat Group, Bybit will allow its users to trade major global stocks and IPO/ICO products with leverage. Notably, traders will be able to purchase major U.S. stocks like Apple, Tesla, Nvidia, and Amazon, without ever converting their crypto to fiat currency. “We’ve combined expertise, technology, and global resources. Imrat Group is a large-scale investment ecosystem, and Bybit is a reliable technological platform with a unique trading architecture. Together, we’re creating a product that will serve as a gateway to a new investment reality,” said Ben Schultz, Head of IG Security. This came after Bybit’s announcement on May 3, revealing that the platform was planning to offer stock trading. At the time, the company stated it would offer popular U.S. stocks, commodities like gold and oil, and major stock indices. The company also referenced Apple, Microsoft, and Michael Saylor’s Strategy stocks specifically. You might also like: Crypto’s obsession with on-chain security lets off-chain mistakes cost billions, analysts warn Bybit stock launch shows blending of crypto and tradFi As the crypto market grows in popularity, there is a growing intersection between users who hold both crypto and traditional assets. What is more, an increasing number of publicly traded companies are gaining crypto exposure . This is typically a way to boost their stock price, copying a Strategy. In 2025, Bybit has taken significant steps to recover its market share, which fell significantly after suffering the biggest hack in crypto history. Since the $1.6 billion hack, the company managed to regain its position, particularly thanks to its focus on retail investors. You might also like: Bybit CEO: 27.6% of Bybit hack funds remain untraceable
Original article from crypto_news
Source: crypto_news
Published: May 23, 2025