Bybit EU Launches First MiCAR-Compliant Launchpool with XION Offering 60% APR

Bybit EU has partnered with XION, a consumer-focused Layer-1 blockchain, to launch its inaugural Launchpool, marking the first such offering on its MiCAR-licensed platform in the European Economic Area (EEA) [1]. The event, set to go live on 14 August 2025, will open regulated access to over 450 million potential users across 29 EEA markets [1]. The collaboration allows Bybit EU users to stake yield-approved assets—such as XION, MNT, and USDC—to earn rewards, with an estimated annual percentage rate (APR) of 60%, 36%, and 24% respectively [1].

This partnership builds on XION’s prior relationship with Bybit, where the project was featured in a prior Launchpool during its token generation event (TGE). Now, as the first Launchpool project on Bybit’s MiCAR-compliant EU platform, XION is expected to gain broader visibility and access to a regulated European audience [1]. XION, supported by Circle Ventures, has already demonstrated strong adoption across global brands and has taken a proactive approach to MiCA compliance, including publishing a Title II-compliant whitepaper [1].

Bybit EU, a licensed Crypto-Asset Service Provider under MiCAR, aims to expand its presence across the EEA. The platform offers a range of regulated services, including crypto custody, exchange, and reward programs, all designed to meet European regulatory standards for investor protection and market integrity [1]. The collaboration with XION aligns with Bybit EU’s 2025 strategic focus on Europe, reinforcing the platform’s commitment to delivering innovative, compliant crypto services [1].

Anthony Anzalone, Founder of XION, emphasized the significance of the partnership, noting that it signals XION’s deep alignment with Bybit and a shared vision to expand regulated blockchain access in Europe. He described the region as a “proving ground for regulated digital assets” and highlighted the importance of making blockchain technology accessible to mainstream users in a safe, intuitive manner [1].

Similarly, Mazurka Zheng, CEO of Bybit EU, underscored the role of regulation in enabling innovation, stating that the partnership demonstrates how regulatory frameworks can support, rather than hinder, technological progress [1]. The move reflects Bybit EU’s broader efforts to establish itself as a compliant and reliable player in the European crypto market, following its recent licensing in Austria [1].

The Launchpool’s structure, featuring a total allocation of 100,000 XION tokens, reflects a strategic approach to incentivizing participation from both native and cross-chain stakers [1]. This model is expected to drive user engagement while reinforcing the long-term value proposition of XION’s blockchain infrastructure. The distribution of rewards—50,000 XION to XION stakers, 30,000 to MNT stakers, and 20,000 to USDC stakers—suggests a tiered approach aimed at attracting a broad range of participants [1].

The partnership also aligns with XION’s broader goal of accelerating mainstream adoption of blockchain technology. By integrating advanced protocol-level features such as abstracted accounts and interoperability, XION aims to remove common barriers to entry in the Web3 space [1]. The company’s recent integrations with Paris-based Ledger and its listing on Bitvavo further demonstrate its growing influence in the European market [1].

Bybit EU’s expansion into regulated Launchpools marks a strategic shift in how the platform is positioning itself in the European crypto landscape. As the first MiCAR-licensed Launchpool offering, the event is expected to set a precedent for how digital assets can be introduced to a regulated audience in a structured and compliant manner [1]. This approach not only aligns with regulatory expectations but also builds trust among users who are increasingly seeking transparency and security in their crypto activities [1].

The event reflects the growing maturity of the European crypto market, where regulatory alignment and user adoption are increasingly intertwined. With both XION and Bybit EU prioritizing compliance and accessibility, the partnership is positioned to drive further integration of blockchain into mainstream financial services [1].

Source: [1] Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users (https://coinmarketcap.com/community/articles/689dc508aaa6ef523e62d63f/)