Ben Zhou: Bybit is transforming into a crypto infrastructure provider, and its incubated Solana DEX "Byreal" will focus on RWA.

According to ChainCatcher, Bybit CEO Ben Zhou stated at the Solana Breakpoint conference that Bybit is transforming from a simple exchange into "infrastructure" connecting traditional finance and the crypto world. The company's focus this year is on global compliance and licensing, having already obtained licenses in the UAE and Europe (MiCA). It is also committed to helping the unbanked population access the crypto world by connecting with local banks in emerging markets such as Latin America and Africa.

Ben Zhou highlighted Byreal, a DEX project incubated by Bybit on Solana. He emphasized that although the project is incubated by Bybit, it is striving to maintain its independence. Byreal aims to solve on-chain liquidity pain points and focuses on the RWA (Real-World Asset) track, particularly tokenized stocks and other assets. Furthermore, Ben Zhou believes that DEXs and CEXs are not in competition; CEXs are responsible for attracting "crypto enthusiasts" through an optimized user experience, and once users mature, they will naturally transition to the more free on-chain world.