- Bybit adds US equities and commodities to its platform, integrating them with MetaTrader 5 infrastructure.
- North Korea-linked Lazarus Group stole $1.5B in ETH from Bybit; 28% of funds remain untraceable.
- Through its partnership with Vietnamese regulators, Bybit operates a crypto sandbox pilot that facilitates the adoption of blockchain technology safely.
The cryptocurrency exchange Bybit extends its service portfolio with traditional assets, including US equities and gold, alongside crude oil, according to market demands and regulatory changes. Bybit expands its business scope through the addition of US equities and gold, and crude oil alongside cryptocurrency services.
The platform will integrate its new offerings into MetaTrader 5 (MT5) before this current quarter ends. A new trading system on Bybit will let users execute transactions for popular US stocks together with commodities and indices, including Apple and MicroStrategy.
The company plans to enhance trading risk for select instruments up to 500x, which targets high-risk investors across traditional finance and crypto markets. Bybit implements its product expansion as a strategic move that supports its evolving business model and parallels the wider market movement of digital and traditional finance service integration.
Copy Trading Gold&FX Launch and MT5 Integration
Earlier this year, Bybit introduced the Copy Trading Gold & FX feature. This service allows users to mirror institutional trading strategies in the gold and foreign exchange markets using USDT as collateral. Operating within the MT5 platform, the service aims to offer users tools for risk management and portfolio diversification.
According to Joan Han, Bybit’s Sales and Marketing Director, the Copy Trading Gold&FX initiative is designed to provide streamlined access to traditional markets, enhancing user exposure to a wider range of financial instruments. The MT5 platform has played a central role in this integration, enabling users to trade across multiple asset classes.
Security Breach Highlights Ongoing Platform Risks
The exchange shows its growth strategy after encountering a major cyber attack incident. North Korea’s hacker group Lazarus successfully stole $1.5 billion worth of 500,000 ETH from crypto platforms on February 21, 2025. The attackers breached the exchange’s cold wallets to redirect a valid ETH transfer.
TRM Labs reported that the stolen assets were laundered through decentralized exchanges, cross-chain bridges, and intermediary wallets within 48 hours. Bybit confirmed that around 28% of the funds are currently untraceable. The platform continues to collaborate with blockchain investigators and partners to trace the remaining assets.
Bybit actively participates with regional authorities in Southeast Asia throughout its product growth. CEO Ben Zhou engaged in meetings with Vietnamese authorities to discuss the creation of their crypto sandbox framework. Bybit promotes the development of a regulated testing platform that evaluates crypto asset issuance and trading processes so investors can be protected because regulatory direction is better defined.
