Bybit and Mantle Forge CeFi-DeFi Convergence with Mantle 2.0
Bybit is strategically integrating with Mantle, an Ethereum L2 solution, to create "Mantle 2.0." This initiative aims to establish Mantle as the institutional liquidity chain for tokenized Real-World Assets (RWAs), fostering a convergence between centralized finance (CeFi) and decentralized finance (DeFi).
This partnership positions Mantle as the foundation of Bybit's ecosystem, potentially anchoring the MNT token's value to Bybit's trading volume. MNT holders stand to gain benefits like lower slippage and exclusive savings products. Bybit's support, coupled with the $200 million Mantle EcoFund, will drive innovation in the RWA sector, though governance decentralization remains a key consideration.