Bybit launches RWA Earn for tokenized bond funds

Cryptocurrency exchange Bybit has launched a new platform offering its users direct access to institutional-grade bond funds through tokenized real-world assets. The service, called RWA Earn, allows eligible customers to deploy idle stablecoins from their exchange accounts into fixed-income products managed by major traditional finance firms PIMCO and China Merchants Bank International (CMBI).

The launch, which occurred on June 15, 2026, was developed in partnership with infrastructure providers Plume and DigiFT. Plume supplies the on-chain vault infrastructure that facilitates subscriptions and allocations, while DigiFT, a regulated digital asset exchange in Singapore and Hong Kong, handles the tokenization of the underlying funds. Users can subscribe using the USDC stablecoin without paying subscription, redemption, or on-chain transaction fees, as Bybit is covering associated costs.

The initial offerings include two tokenized funds. The PIMCO Dynamic Income Opportunities Fund (PDO) provides exposure to a diversified portfolio including corporate debt, mortgage-backed securities, and government bonds. The CMBI Investment Grade Bond Fund focuses on investment-grade credit...