Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a new collaboration with Finloop Finance Technology Holding Limited (“Finloop”), an AI-driven Web5 (Web2+Web3) wealth technology platform to offer the Finloop USD Instant Digital Liquidity (FUIDL), a tokenized USD liquidity product powered by Finloop and backed by an AAA-rated money market fund. Through this collaboration, Bybit will enable the share of FUIDL as collateral for trading on its platform.
The product provides institutional and professional investors access to USD liquidity through blockchain technology, while maintaining the asset backing standards commonly associated with traditional financial markets. FUIDL provides eligible investors with on-chain access to an AAA-rated USD liquidity fund, offering hourly subscription and redemption, and T+0* (same-day) interest accrual. It allows investors to move capital efficiently between traditional and digital asset markets. The underlying USD liquidity fund has received the highest possible ratings from major international agencies: AAAm from Standard & Poor's (S&P), Aaa-mf from Moody's and AAAmmf from Fitch. An AAA rating represents the highest rating available for Money Market Funds (MMFs).
Finloop serves as the tokenization agent and provides the infrastructure that connects traditional money market fund assets with blockchain-based settlement. The collaboration is designed to combine the transparency and speed of digital assets with the stability and operational standards expected by institutional and professional investors.
The alliance is a significant milestone in Bybit’s long-term mission to build The New Financial Platform, an open, secure, and efficient bridge between traditional and digital finance. Through this collaboration, Bybit users will benefit from same-day settlement across selected tokenized and digital instruments, made possible by Finloop’s market-leading RWA and cash management capabilities and Bybit’s proprietary infrastructure.
Yoyee Wang, Global Head of TradFi and RWA of Bybit, said:
“Partnering with Finloop marks a pivotal step in realizing our vision of The New Financial Platform. This collaboration turns that vision into action, merging institutional-grade trust with the efficiency of digital infrastructure of Bybit. By enabling same-day settlement and reinforcing custody standards, we’re not just improving transaction speed; we’re redefining what financial interoperability can look like.”
By integrating ByCustody with Finloop’s tokenization technology, the collaboration will pilot T+0 settlement for select asset types, with plans for global rollout throughout 2026. The initiative also underscores a shared commitment to advancing transparency, operational excellence, and risk management for institutional market participants.
Cai Hua, CEO of Finloop, said:
“This collaboration demonstrates how a wealth technology platform and a digital exchange can work together to achieve instantaneous settlement while meeting high operational and regulatory standards. We are proud to partner with Bybit on this milestone that sets new benchmarks for efficiency and trust in the digital asset space.”
For more information about FUIDL, please visit:
https://www.linkedin.com/feed/update/urn:li:activity:7466045282808434689
https://x.com/FinloopHK/status/2060284153795580006?s=20
*Subject to the actual fund arrival time.
Disclaimer:
Bybit and ByCustody are not licensed, approved or regulated by the Hong Kong Securities and Futures Commission and do not service Hong Kong residents.
#Bybit / #NewFinancialPlatform