Bybit

Crypto exchange run from Dubai through Bybit Fintech FZE; an initial distribution partner for xStocks.

Headquarters: United Arab Emirates · used for “firms based in” filters (how location works)

Profile sources^[1]

Deployments

Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.

Deployment	Role	Status	Evidence	Last reviewed
QCD Money Market Fund (QCDT) tokenised MMF	Distributor First exchange to accept QCDT as collateral (Sept 2025).	Live (limited)	B DL News (partner press release), 19 Sep 2025^[2]	Reviewed 22d ago
StablR EURR and USDR stablecoins	Distributor Linked from StablR's list of exchanges.	Paused	B StablR^[3]	Reviewed 17d ago
xStocks tokenised equities (Backed, Kraken)	Distributor	Live (scaled)	C Ledger Insights, 2 Dec 2025^[4]	Reviewed 26d ago

[1]https://www.bybit.com/en/about-us — Bybit. Accessed 11 Oct 2026.B
[2]Bybit Becomes First Crypto Exchange to Partner with QNB Group and DMZ Finance to Accept QCDT, Unlocking Institutional Access to Digital Assets — DL News (partner press release), 19 Sep 2025. Accessed 17 Oct 2026. Joint press release; says the integration provides up to $1bn of borrowing capacity (a ceiling, not recorded as a figure)..B
[3]StablR Euro (EURR) & USD (USDR) – Compliant Stablecoins — StablR. Accessed 17 Oct 2026. Carries the security notice, contract links (Etherscan, Solana explorer) and exchange list..B
[4]Kraken acquires Backed after xStocks tokenized securities volumes hit $10 billion — Ledger Insights, 2 Dec 2025. Accessed 11 Oct 2026.C

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