Bybit, one of the world’s largest cryptocurrency exchanges by trading volume, is launching 24/7 options trading linked to SpaceX and Nvidia shares. The move brings traditional equity derivatives to a crypto-native platform where traders can access markets at any time, including weekends.
The offering challenges the limited trading hours and settlement windows of traditional stock markets. Instead of waiting for an exchange to open, traders will be able to buy and sell options contracts tied to SpaceX and Nvidia around the clock.
Bybit’s 24/7 stock options offering
The SpaceX options are particularly notable because the company remains privately held. SpaceX shares are difficult to access through conventional investment channels, with trading typically taking place through secondary markets that offer limited transparency.
Nvidia, by contrast, is one of the world’s most actively traded public companies, driven largely by investor demand linked to the artificial intelligence boom. Options trading outside Nasdaq’s regular operating hours could allow traders to respond to breaking news without waiting for the next market opening.
Bybit’s always-on approach reflects the way cryptocurrency markets operate. Bitcoin and other digital assets trade continuously, including on weekends, and the exchange is betting that equity traders will also value uninterrupted market access.
Crypto exchanges expand into traditional finance
Bybit is not the first cryptocurrency platform to introduce stock-related products. However, combining 24/7 availability with options trading, rather than offering only spot exposure, increases the significance of the move.
Several exchanges have experimented with tokenized equities and pre-IPO contracts in recent years. Regulatory scrutiny, however, has prevented the sector from becoming fully mainstream.
The SpaceX product will be closely watched. Because Elon Musk’s rocket company is not listed on a public exchange, price discovery generally takes place through less transparent secondary markets. A more liquid options market, even one hosted by a crypto exchange, could influence how investors value one of the world’s most prominent private companies.
What Bybit’s stock options mean for traders
For crypto-native traders, the appeal is clear: familiar infrastructure and interfaces combined with access to new asset classes. Equity traders seeking alternatives to market closures and settlement delays may also find features that traditional brokerages do not offer.
The risks are equally significant. Crypto exchanges operate under regulatory frameworks that differ from those governing traditional securities venues, and protections available to traders on regulated stock exchanges may not apply. The way these products are structured, whether as synthetic contracts, tokenized derivatives, or another form of exposure, will likely influence the regulatory response.
Bybit is betting that demand for continuous trading will grow faster than regulatory resistance. As cryptocurrency platforms expand further into traditional finance throughout 2025, the exchange’s strategy could mark another step toward round-the-clock access to equity-linked markets.
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