Byreal Launches at Solana APEX, Bridging TradFi and DeFi
In a highly anticipated session at Solana APEX, industry leaders Lily Liu, Ben Zhou, and Emily Bao discussed the future of decentralized finance (DeFi) and the integration of real assets into blockchain ecosystems. Liu, President of the Solana Foundation, articulated a vision for Solana to become the leading platform for capital markets, emphasizing the potential of tokenized equities through projects like xStocks. This ambitious approach aims to connect global investors with public markets outside the U.S., tapping into a trillion-dollar opportunity in real-world assets (RWAs).
Ben Zhou, CEO of Bybit, echoed Liu’s sentiments, highlighting the importance of bridging traditional finance (TradFi) and Web3. He introduced Bybit’s new MiCAR license in Europe, which allows users to access crypto directly through bank accounts, and discussed the expansion of TradFi instruments on Bybit’s platform. Zhou’s focus on Byreal, a project incubated by Bybit, aims to address the need for deep, programmable onchain liquidity, marking a significant step towards a more integrated financial system.
Emily Bao, founder of Byreal, emphasized the need for a robust exchange that not only facilitates transactions but also reveals true value. She criticized the current DeFi landscape for its distortions and mismatched valuations, positioning Byreal as a permissioned decentralized exchange (DEX) on Solana. Byreal aims to unify fragmented liquidity and provide institutional-grade execution, fostering growth for high-potential projects. The public beta of Byreal is set to launch on June 30, marking a significant milestone in the evolution of DeFi on Solana.
Related News





