Bybit Pivots Away from Web3 Products, Focusing on Blockchain Solutions

Bybit, a leading cryptocurrency exchange known for its high trading volume, has announced a strategic shift that will see it discontinue several Web3 products and services. The move, effective April 8, 2025, marks Bybit’s intention to focus on enhancing blockchain solutions for users. This decision impacts the exchange’s NFT Marketplace and IDO offerings, while core trading activity is unaffected.