Bybit Targets U.S. Broker Partnerships to Challenge Robinhood
Cryptocurrency exchange Bybit plans to pursue partnerships with major brokers to expand its presence and challenge Robinhood in the United States.
Cryptocurrency exchange Bybit is planning to pursue partnerships with major brokerage firms as part of a strategy to enter the United States market and compete with established retail platforms such as Robinhood, according to CoinDesk.
Expansion Strategy
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The move marks a strategic shift for the platform as it seeks institutional and brokerage alliances to navigate the competitive U.S. retail financial services sector.
Key facts
- Bybit is looking for major broker partnerships to take on Robinhood.
- The expansion strategy targets the U.S. market, according to CoinDesk.
Source: coindesk.com
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