Bybit, led by CEO Ben Zhou, announced on January 29, 2026, its evolution into ‘The New Financial Platform’ at a keynote session, aiming to expand financial services globally from Singapore.
This transformation could redefine access to financial services for 1.4 billion underbanked individuals, integrating crypto with traditional banking, enhancing global accessibility and efficiency in the financial sector.
Bybit has announced an ambitious plan to revolutionize global finance by 2026.
The strategy, known as “The New Financial Platform,” aims to integrate cryptocurrency with traditional banking to serve the underbanked across 181 countries.
Bybit Targets 181 Countries with Financial Integration Plan
Bybit, led by CEO Ben Zhou, announced its expansion plan dubbed “The New Financial Platform” on January 29, 2026. The company targets global finance integration and aims to reach 181 countries with a focus on underbanked populations.
Ben Zhou emphasized the importance of removing geographical financial barriers. Bybit plans to launch MyBank and ByCustody with $5 billion in assets, promoting a crypto-based global financial ecosystem.
Revolutionizing Finance: Over 2,000 Banks to Collaborate
The expansion is expected to transform Bybit into a comprehensive financial entity, impacting both traditional banking and cryptocurrency markets. While no immediate funding updates were disclosed, industry analysts highlight the potential for considerable user engagement.
“Finance should not be limited by geography,” said Ben Zhou, “We are building financial infrastructure that connects crypto utilities with real-world economic activity. Our mission is to remove the boundaries that are inconvenient for people from modern finance and create a system that is always accessible, efficient, and global by design.”
This strategic shift could enhance Bybit’s standing in the crypto-based financial sector. Collaboration with over 2,000 local banks and 200,000 P2P merchants supports Bybit’s innovative approach to creating an integrated financial system.
Bybit’s Expansion: Unprecedented Scale in Financial Integration
Bybit’s transition parallels other crypto exchanges’ moves into traditional finance. However, no similar historical events with this scale and financial integration have been recorded, making Bybit’s approach notably bold.
Experts suggest Bybit’s expansion could redefine financial service boundaries. Kanalcoin analysts indicate potential industry shifts, driven by Bybit’s innovations and regulatory compliance efforts with international banks and custodians.
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