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September 19, 2025Crypto Daily logoCrypto Daily

Bybit Becomes First Crypto Exchange to Partner with QNB Group and DMZ Finance to Accept QCDT, Unlocking Institutional Access to Digital Assets

DUBAI, UAE, Sept. 19, 2025 /PRNewswire/ -- Bybit , the world's second-largest cryptocurrency exchange by trading volume, today announced a strategic collaboration with QNB Group and DMZ Finance . Together, the partners are introducing QCDT—the world's first DFSA-approved (Dubai Financial Services Authority) tokenised money market fund (MMF)—into Bybit's platform as a collateral asset, marking a breakthrough in bridging traditional finance and digital ￰0￱ is the first global crypto exchange to accept QCDT as collateral, setting a new benchmark for the integration of Real World Assets (RWAs) in digital ￰1￱ is powered by DMZ Finance's tokenisation expertise and managed by Qatar National Bank, with custodian supported by Standard Chartered ￰2￱ by ￰3￱ and regulated within the Dubai International Financial Centre (DIFC), QCDT combines institutional-grade security with regulatory ￰4￱ Institutional Capital with QCDT Collateralisation The deployment of QCDT as collateral on Bybit creates up to USD 1 billion in borrowing capacity, providing new opportunities for institutions: For Established CEX-Trading Institutions: A secure, compliant channel to deploy institutional funds that would typically remain idle in traditional bank accounts into exchange-based yield ￰5￱ Traditional Financial Institutions: A safe, regulatory-aligned entry point into digital assets, combining U.

S. Treasury-backed yields with low-risk, collateralised participation in the crypto ￰6￱ Bybit's Institutional Role This collaboration significantly advances Bybit's commitment to be the trusted bridge between the crypto economy and traditional financial institutions in the Middle East and globally. Bybit's adoption of QCDT accomplishes: Institutional Credibility: Bybit becomes the first to support a DFSA-approved, institutional-grade tokenised fund as ￰7￱ Inflows: Unlocks billions of dollars in potential institutional liquidity currently sitting idle in banking ￰8￱ Alignment: Builds trust and confidence through strategic collaboration with QNB, DMZ, and custodian, supported by Standard Chartered ￰9￱ Growth: Opens the door to new RWA-linked products, including QCDT-backed stablecoins and yield ￰10￱ Wang, Head of Business-to-Business Unit of Bybit, said: "This collaboration is a pivotal step for Bybit's evolving institutional ￰11￱ recognising QCDT as collateral, we are opening the gateway for traditional financial institutions and established trading players to participate in the digital asset ecosystem with security, compliance, and ￰12￱ role as the bridge between traditional and digital finance has never been clearer." Silas Lee, CEO of QNB Singapore, said: "QCDT, a tokenized money market fund, is a pioneering step of using blockchain technology to token real-world assets such as US Treasury securities and USD-denominated deposits, thereby empowering investors to seamlessly integrate high-quality, yield bearing assets from traditional finance into the digital ￰13￱ partnership with DMZ Finance and Bybit allows us to further extend the reach of institutional capital efficiently across traditional and digital markets, backed by a DFSA-approved framework and world-class partners." Nathan Ma, Co-founder & Chairman, DMZ Finance, added: "At DMZ Finance, our mission is to build powerful infrastructure that makes real-world assets accessible in digital ￰14￱ with Bybit and QNB on QCDT demonstrates how tokenization can bring innovation to institutional markets while bridging liquidity and access for more TradFi investors." #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million ￰15￱ in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for ￰16￱ a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain ￰17￱ for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of ￰18￱ the future of decentralized finance at ￰19￱ more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.

com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube About QNB Group QNB Group was established in 1964 as Qatar's first Qatari-owned commercial bank, with 50% ownership held by the Qatar Investment ￰20￱ its inception, QNB Group has grown steadily to become the largest financial institution in the Middle East and Africa (MEA) ￰21￱ Group has consistently maintained its position as Qatar's highest-rated bank and one of the world's top-rated banks, with prestigious credit ratings from leading agencies such as Standard & Poor's and Fitch (A+) and Moody's (Aa2).

The Group has also been recognized with numerous awards from renowned international financial publications, further cementing its leadership and excellence in the global financial ￰22￱ DMZ Finance DMZ Finance is a powerful RWA infrastructure company and the RWA tokenization partner of Qatar National Bank (QNB Group), the largest bank in the Middle East and Africa, to jointly advance the integration of asset tokenization into the TradFi and DeFi ￰23￱ is among the first cohort of companies admitted to the Qatar Financial Centre (QFC) Digital Assets ￰24￱ This announcement is provided for informational purposes only and may describe products that are not available or approved in certain ￰25￱ references to regulatory approvals are subject to the satisfaction of final conditions; such references do not constitute confirmation of full regulatory ￰26￱ announcement does not constitute (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold any crypto/digital assets or securities, or (iii) financial, accounting, legal, or tax ￰27￱ (including market data and statistical information, if any) appearing in this announcement is for general information purposes ￰28￱ is intended solely for institutional or professional investors and is not directed at retail ￰29￱ all reasonable care has been taken in preparing this release, no responsibility or liability is accepted for any errors, omission, or inaccuracies.

Disclaimer: This is a sponsored press release and is for informational purposes ￰30￱ does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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