BlockBeats News, April 20th – According to sources familiar with the matter cited by CoinDesk, Coinbase is partnering with the cryptocurrency exchange Bybit to explore methods for tokenization, custody, and distribution of U.S. publicly traded and pre-IPO stocks and other assets. The source added that the ongoing discussions do not involve any form of equity acquisition or similar transactions. Bybit’s entry into the U.S. market involves a new entity led by former co-CEO Helen Liu and collaboration with a local partner, who is not publicly identified but provides licensing and compliance services, rather than Coinbase. Both Bybit and Coinbase declined to comment, as reported by CoinDesk.
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