Bybit Brings Institutional Bond Funds On-Chain for Eligible Users

Bybit has launched RWA Earn, a new platform that brings institutional bond funds on-chain for eligible users. The platform is made possible through partnerships with Plume and DigiFT.

The two flagship products available are the PIMCO Dynamic Income Opportunities Fund and the CMBI Investment Grade Bond Fund. Both funds are tokenized in USDC and come with zero subscription or redemption fees, as well as no gas costs for Bybit users.

PIMCO's fund dynamically invests across corporate debt, mortgage securities, government bonds, and emerging markets. The CMBI fund focuses on stable investment-grade credit with strong ratings.

This development marks a significant step in the Real World Assets (RWA) sector, as Bybit aims to bridge traditional finance and crypto-native users. With the stablecoin market cap surpassing $300 billion, Bybit is positioning itself as a key player in this space.