🇺🇸🤔 #Coinbase is in discussions with #Bybit to explore tokenization, custody, and global distribution of assets, including U.S. public and pre-IPO stocks. The talks do not involve any equity investment or Bybit’s U.S. market entry. Bybit’s U.S. #expansion is expected to proceed via a separate entity led by former co-CEO Helen Liu, with a local partner providing licensing and compliance. Both #Coinbase and #Bybit declined to comment. #regulation

#crypto