Bybit launches financial disclosure for spot projects, starting with SoSoValue’s 629% revenue growth and 35% daily user increase.
Bybit expands globally, registering with India’s FIU and removing its name from France’s AMF blacklist for broader European operations.
Bybit, one of the world’s biggest cryptocurrency exchanges, has announced the launch of a financial and operational disclosure system for projects listed on its spot platform. With this action, Bybit leads the way in the attempt to advance crypto sector openness.
SoSoValue (SOSO), which claimed a 35% increase in daily active users and a 629% income rise following listing, was the first project to participate in the pilot.
The new policy is meant to give users a more in-depth understanding. These days, they can evaluate the chances of a project depending on actual financial performance in addition to future possibility. Bybit has also started the “Listing Billboard,” a venue whereby listed projects may post co