VIENNA, May 29, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has received its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal moment in its European expansion. With this new license, Bybit can now operate as a fully compliant crypto-asset services provider and passport its regulated and localized crypto products and services to nearly 500 million Europeans in 29 EEA (European Economic Area) member states through its EEA hub, which is based in Austria. Alongside this regulatory milestone, Bybit has also established its official European headquarters in Vienna, Austria.

The MiCAR license underscores Bybit’s unwavering commitment to meeting the highest regulatory standards in Europe, including crucial safeguards that are designed to enhance transparency, prevent illicit activities, and protect consumers within the European Union’s digital finance ecosystem.

“Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit,” stated Ben Zhou, co-founder and CEO of Bybit. “We are actively collaborating with regulators and pursuing licenses globally to ensure our users can access our innovative platform with the highest levels of regulatory and compliance assurance.”

To support its upcoming European expansion, Bybit is making a substantial investment in Austria, with plans to hire over 100 professionals in Vienna as it provides more localized and regulated services to users.

“Obtaining the MiCAR license demonstrates our commitment to compliance and transparency, in line with Europe’s high regulatory standards,” said Mazurka Zeng, Chief Executive Officer of Bybit Europe.

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“Vienna is now the home of Bybit Europe, and we’re proud to contribute to Austria’s forward-looking financial environment by investing in talent and innovation. Beyond this, we are dedicated to fostering a strong local crypto community and, through the Blockchain for Good Alliance (BGA), we will extend our resources to work closely with universities across the region, cultivating the next generation of blockchain innovators and exploring impactful real-world applications of the technology,” Mazurka said.

#Bybit / #TheCryptoArk / #MiCAR

About Bybit

Bybit is the world’s second-largest crypto-asset exchange platform, providing over 70 million users globally access to its innovative crypto investment products and services. Bybit EU is the newly established EU headquarter and will serve the EEA clients on the dedicated Bybit EU platform.

For 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

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SINGAPORE, May 29, 2025 /PRNewswire/ — GRVT (pronounced “gravity”), the world’s first licensed onchain exchange – is excited to announce that its Android mobile app is available for download on the Google Play Store now. This launch brings the full power of GRVT’s trading platform to users worldwide at their fingertips.

With the Android app, users can now access GRVT’s hallmark features on-the-go, including:

• Perpetuals trading for nearly 30 pairs
• A dedicated Rewards page
• A full portfolio overview to track positions
• Liquidity League – GRVT’s evergreen trading competition page

Hong Yea, co-founder and CEO of GRVT, commented, “We’ve been working tirelessly to deliver the best product with user-friendly features and to provide a seamless and smooth trading experience since our launch. The launch of our mobile app is a major milestone, but only the beginning of our long-term vision. We will continue to build relentlessly toward making GRVT the ultimate onchain financial marketplace, one where everyone can easily access powerful tools for wealth creation.”

The iOS version of GRVT’s mobile app will be available in due course. Download the Android version now at: https://play.google.com/store/apps/details?id=com.grvt.GrvtMobile&pli=1 (available in 50 countries such as Argentina, Japan, South Korea, Vietnam and more)

To date, GRVT has reached a total trading volume of $6.5 billion, just five months after the Mainnet launch in December 2024,  with 40,000 KYC-verified users, an unprecedented phenomenon for DEXs.

Disclaimer: Perpetuals trading of cryptocurrencies is subject to high market risk and price volatility and you may be called upon at short notice to commit further margin deposits or risk being liquidated. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

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Singapore users: GRVT is not licensed, approved, authorised, designated, recognised, registered or otherwise regulated under any legislation administered by the Monetary Authority of Singapore (“MAS”). As such, users will not have the benefit of any regulatory safeguards imposed by the MAS.

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About GRVT

GRVT (pronounced “gravity”) is the world’s first licensed onchain exchange, where traditional banking meets decentralized innovation on one regulated, compliant, and trustless financial market place. A blockchain-based platform that is democratizing how wealth is created and shared, GRVT allows everyday people to trade, invest, and grow their wealth by providing direct access to top industry traders and investors.

GRVT official website: https://grvt.io/

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New integrations expand Rain’s multi-chain support, enabling partners to easily launch stablecoin-powered card programs across even more blockchains simultaneously

NEW YORK, May 29, 2025 /PRNewswire/ — Rain, the global card issuing platform powered by stablecoins, today announced native support for Solana, Tron, and Stellar, expanding its mission to build modern financial infrastructure that is more accessible, programmable, and global. With these integrations, Rain enables partners built on top of Solana’s high-throughput infrastructure, Tron’s stablecoin-rich ecosystem, and Stellar’s remittance-oriented network to quickly launch compliant card programs and bring stablecoin utility to real-world payments, including consumer and B2B spending, cross-border disbursements, and platform payouts.

Rain is the only Visa Principal Member that allows partners to deploy and manage programs across multiple blockchains simultaneously. This capability is available out of the box, supporting both custodial and non-custodial wallets. It dramatically simplifies how exchanges, fintechs, neobanks, and platforms issue cards that work globally—instantly enabling stablecoins to be used at over 150 million merchants that accept Visa.

“Quickly developing solutions that meet our partners’ needs is all part of Rain’s commitment to building financial infrastructure that is more global, open, and efficient,” said Charles Yoo-Naut, CTO and Co-founder of Rain. “By offering native support for Solana, Tron, and Stellar, we’re introducing our solution to even more ecosystems, allowing partners to build scalable, stablecoin-powered card programs that make payments better for everyone.”

One example is KAST, a neobank app built on Solana that works with Rain to offer branded cards that let users spend stablecoins natively from their wallets. With its fast, low-cost architecture, Solana allows KAST to build seamless, real-time payment experiences for its growing user base across global markets.

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Another example is Offramp, a fintech platform built on Tron and partnering with Rain on its card program. Offramp is on a mission to provide greater financial freedom for people around the world, with a strong presence in Latin America. Through a Rain-issued Visa card, users are empowered to use digital dollars anywhere Visa is accepted—making onchain assets usable in the real world.

These new integrations come in response to rising demand from platforms seeking to enable seamless stablecoin-linked spending and expand card access across ecosystems. Rain already supports Arbitrum, Optimism, and Polygon, and this expansion reinforces Rain’s leadership in offering multi-chain, stablecoin-native card infrastructure.

Rain recently raised a $24.5 million Series A round in March. Today’s announcement marks another step in Rain’s rapid growth and commitment to deploying capital to support new partners, scale its global footprint, and meet the accelerating demand for programmable payments worldwide.

About Rain: Rain is a global card issuing and payments platform powered by stablecoins. As a Visa Principal Member, Rain enables partners to launch branded card programs quickly and compliantly—without relying on third-party banks or fragmented infrastructure. Rain’s developer-friendly API offers a fully customizable, full-stack issuance solution that supports both custodial and non-custodial wallets and operates natively across multiple blockchain networks. Rain-issued cards are accepted at over 150 million merchants worldwide, making digital assets instantly usable anywhere Visa is accepted. Trusted by industry leaders, Rain is rebuilding essential financial infrastructure to allow money to flow more efficiently across the globe. Learn more at https://www.rain.xyz/

Media Contact:
Lucas Piazza
Marketing Lead, Rain
lucas@rain.xyz 

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