Bybit Reimagines its Web3 Strategy: Shifting Focus to Core On-Chain Services

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic shift in its Web3 ecosystem. This initiative aims to deliver enhanced on-chain experiences and streamline the product portfolio by prioritizing high-value offerings. Bybit will be focusing resources on four core services: Seed Phrase Wallet, Airdrop Arcade, Onchain Staking, and DApp services.