Bybit Integrates Finloop's Tokenized USD Liquidity Product

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has partnered with Finloop Finance Technology Holding Limited to offer FUIDL (Finloop USD Instant Digital Liquidity), a tokenized USD liquidity product backed by an AAA-rated money market fund. This collaboration enables users to share FUIDL as collateral for trading on Bybit's platform.

The FUIDL product provides institutional and professional investors with on-chain access to an AAA-rated USD liquidity fund, offering hourly subscription and redemption, and T+0 interest accrual. The underlying USD liquidity fund has received the highest possible ratings from major international agencies: AAAm from Standard & Poor's (S&P), Aaa-mf from Moody's, and AAAmmf from Fitch.

Finloop serves as the tokenization agent and provides the infrastructure that connects traditional money market fund assets with blockchain-based settlement. This collaboration combines the transparency and speed of digital assets with the stability and operational standards expected by institutional and professional investors.