Bybit’s Strategic Integration of UBS Tokenized Fund Reshapes Crypto Trading Landscape
In a groundbreaking move that signals the accelerating convergence of traditional finance and digital assets, Bybit has announced the integration of UBS's tokenized money market fund as eligible collateral for cryptocurrency trading. This strategic partnership represents a significant milestone in bridging institutional financial products with the Web3 ecosystem, offering traders unprecedented capital efficiency while maintaining exposure to low-risk U.S. Treasury-backed instruments. The Ethereum-based uMint fund, distributed through DigiFT's secure platform, provides institutional-grade exposure to traditional debt markets while enabling users to leverage their holdings for crypto trading activities. This integration not only enhances trading flexibility but also demonstrates the growing maturity of cryptocurrency exchanges in adopting regulated financial products. As of October 2025, this development positions Bybit at the forefront of institutional adoption in the crypto space, potentially setting new standards for collateral options across the industry. The move reflects the evolving nature of digital asset platforms as they increasingly incorporate traditional financial instruments, offering users diversified investment strategies while maintaining the innovative spirit of cryptocurrency trading.
Bybit Integrates UBS's Tokenized Money Market Fund as Trading Collateral
Bybit has taken a significant step toward bridging traditional finance and the Web3 ecosystem by integrating UBS's uMint tokenized money market fund as collateral for crypto trading. The Ethereum-based fund, backed by low-risk U.S. Treasury debt, offers users enhanced capital efficiency and institutional-grade exposure.
The partnership with DigiFT ensures secure distribution of the uMint fund, marking a milestone in institutional crypto adoption. "Investors can now leverage their tokenized fund holdings as collateral," said Bybit CEO Ben Zhou, underscoring the platform's commitment to innovative financial solutions.
Ethereum L2 Tokens Outperform Market Amid Volatility as Investors Eye AI Project DeepSnitch
Ethereum's layer-2 tokens demonstrated remarkable resilience following the October 10 flash crash, with Mantle leading the charge at a 31% surge post-Bybit integration. The broader L2 ecosystem—including Immutable, Arbitrum, and Polygon—showed similar strength, underscoring Ethereum's underlying network robustness.
While ETH's long-term outlook remains bullish, capital is increasingly flowing toward high-growth opportunities like DeepSnitch AI. The project, which uses AI agents to decode on-chain data for retail investors, has raised $400K rapidly, highlighting market appetite for disruptive utility.
Bybit Georgia Partners with Setanta Sports for $80K Campaign
Bybit Georgia, a licensed cryptocurrency exchange, made its debut at DGFI 2025, Georgia's premier digital finance conference. The event attracted over 5,000 attendees, including industry leaders and media. Mazurka Zeng, Head of Fiat and Payment at Bybit, emphasized the platform's commitment to Georgia's crypto ecosystem during a panel discussion with Mastercard, Tether, and the National Bank of Georgia.
The exchange announced a strategic partnership with Setanta Sports, a local sports broadcaster with 2.5 million monthly website visits. The collaboration features an 80,000 USDT prize pool campaign aimed at expanding Bybit's reach in Georgia.