Bybit Launches Bank Triparty Service in Partnership, Enabling Institutional Investors to Manage Counterparty Risk with Regulated Custody
The regulated custody solution lets eligible institutions keep collateral with banking partners while borrowing USDT into Bybit accounts and preserving yield, the company said.
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7 Articles
PR Newswire
Bybit Launches Bank Triparty Service in Partnership, Enabling Institutional Investors to Manage Counterparty Risk with Regulated Custody
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the launch of its Bank Triparty service, a...
Bybit Launches Bank Triparty for Bank-Held Institutional Collateral
Key Facts Bybit launched its Bank Triparty service on 1 July 2026, a regulated custody solution letting institutions borrow against collateral held by independent banking partners. Eligible institutions deposit USD or US Treasury Bills with Bybit's designated banking partners, then receive USDT loans directly into their Bybit Unified Trading Account. Collateral remains in third-party bank custody throughout the term, distributing counterparty …
ChainCatcher reports that Bybit has officially launched Bank Triparty, providing institutional clients with lending services backed by collateralized assets held in escrow by banks. Eligible institutions can independently deposit their collateralized assets with partner banks to obtain financing without altering their existing trading strategy infrastructure.
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