Exchanges· ★★★· neutral·

Bybit eyes big broker partnerships to take on Robinhood in the U.S.

  • —CEO Ben Zhou named Interactive Brokers as an example of a potential partner
  • —The goal is to compete with Robinhood in the U.S. market
  • —No timeline or terms for the partnerships were disclosed
Why it matters: A major exchange entering the U.S. via brokers would intensify competition with Robinhood and Coinbase.
Source: CoinDesk