Bybit Lists SBET, CLSK, BITF on TradFi Platform, Expanding Digital Assets Offerings

Bybit, the world's second-largest cryptocurrency exchange, has listed three new equities on its TradFi platform, expanding its offerings at the intersection of traditional finance and digital assets. The listed stocks include SharpLink Gaming Ltd., CleanSpark Inc., and Bitfarms Ltd. SharpLink Gaming Ltd. is drawing significant market attention due to its acquisition of approximately 74,656 ETH, valued at around $213 million, positioning it among the largest institutional holders of Ethereum.

Bybit, the world's second-largest cryptocurrency exchange, has announced the listing of three new equities on its TradFi platform. The new additions—SharpLink Gaming Ltd. (NASDAQ: SBET), CleanSpark Inc. (NASDAQ: CLSK), and Bitfarms Ltd. (NASDAQ: BITF)—expand Bybit's offerings at the intersection of traditional finance and digital assets [1].

Among the newly listed stocks, SharpLink Gaming Ltd. (SBET) is drawing significant market attention. According to recent reports, SBET has acquired approximately 74,656 ETH, valued at around $213 million, positioning it among the largest institutional holders of Ethereum [2]. This acquisition reflects the growing interest in Ethereum as a strategic treasury asset, with over 99.7% of SBET's ETH holdings currently deployed in staking or re-staking strategies [1].

This listing marks the accelerating convergence of traditional finance and Web3. SBET's reported allocation into Ethereum demonstrates how traditional companies are exploring digital assets as part of their corporate strategies, offering Bybit users a unique opportunity to engage with one of the most crypto-aligned equities on the market [1].

Bybit users can now access trading for SBET, CLSK, and BITF via the platform's TradFi page. This expansion underscores Bybit's commitment to bridging the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3 [1].

References:
[1] https://www.prnewswire.com/news-releases/bybit-lists-sbet-clsk-and-bitf-bringing-new-tradfi-opportunities-to-platform-users-302506889.html
[2] https://bitcoinworld.co.in/sharplink-gaming-ethereum-buy/