Catenaa, Wednesday, February 19, 2025 – Bybit has launched a financial disclosure mechanism for spot-listed tokens, becoming the first major cryptocurrency exchange to mandate transparency in project financials.
Under the new rules, projects must disclose financial performance, treasury holdings, tokenomics, and key operational metrics.
The first trial participant, SoSoValue (SOSO), reported a 629% revenue surge post-listing, while its total value locked (TVL) jumped 1,076% to $180.8 million.
Bybit also announced the Retail Price Improvement (RPI) Order, set to launch Feb. 20, aiming to enhance liquidity and provide better pricing for retail traders. Initially limited to select market makers, the feature will undergo a two-month trial before wider adoption.
Meanwhile, Bybit has been removed from France’s financial watchdog blacklist following compliance efforts, positioning itself for a Markets in Crypto-Assets (MiCA) license in the EU.
The exchange’s push for financial transparency is expected to set a new industry standard, with other platforms likely to follow suit as investor demand for accountability grows.
