On August 14, 2025, Bybit will initiate the first Launchpool project on its newly licensed EU exchange, in collaboration with XION, a consumer-focused Layer-1 blockchain. This partnership emerges after Bybit secured its MiCAR license in May 2025, allowing verified users across the EEA (European Economic Area) to engage with a compliant platform while earning yield on their assets to generate XION.
The Launchpool will encompass a total offering of 100,000 XION tokens, allocated as follows:
- - 50,000 XION for XION stakers (estimated APR of 60%)
- - 30,000 XION for MNT stakers (estimated APR of 36%)
- - 20,000 XION for USDC stakers (estimated APR of 24%)
As one of the few Layer-1 projects endorsed by Circle Ventures, XION is gaining traction in providing blockchain-based experiences for everyday users, with more than 100 global brands utilizing its platform. Its presence in Europe has been steadily growing, having released its MiCA Title II Whitepaper earlier, and integrated with the Paris-based Ledger in June. The project has also been listed on Bitvavo this summer and is collaborating with leading European brands to enhance customer experiences through blockchain technology.
Bybit's focus for 2025 is on European expansion, and becoming the first Launchpool partner on Bybit EU’s MiCAR-compliant platform places XION in a strategic position to reach a growing regulated audience in Europe. "Being the first Launchpool on Bybit EU is a significant indication of the strong partnership between XION and Bybit, focusing on expanding into European markets," stated Anthony Anzalone, founder of XION. "Europe is becoming a testbed for regulated digital assets, and together with Bybit EU, we are setting a precedent for how the mainstream audience can safely and intuitively discover and engage with blockchain technology."
Mazurka Zheng, CEO of Bybit EU, emphasized that acquiring the MiCAR license in Austria signifies their commitment to providing compliant and innovative crypto services to European users in 2025. "The launch with XION, a blockchain concentrating on mainstream crypto adoption, illustrates how regulation can accelerate innovation rather than stifle it and aligns perfectly with our European expansion strategy."
The renewed partnership builds on XION's previous engagement with Bybit, when the company participated in Bybit Global Launchpool during its Token Generation Event (TGE). This collaboration underscores the joint commitment from both companies to make blockchain accessible to everyday users.
About XION
XION is the first wallet-less Layer-1 blockchain designed exclusively for consumers. By employing protocol-level implementations concerning abstracted accounts, signatures, fees, interoperability, and more, XION facilitates developers in crafting secure, intuitive, and seamless user experiences. It eliminates common Web3 friction points, accelerating the mainstream adoption of Web3 by making blockchain technology more accessible for both users and developers.
About Bybit EU
Bybit EU GmbH is a newly formed European company that serves clients across the European Economic Area (excluding Malta) through the Bybit.eu platform. Bybit EU operates as a licensed crypto-asset service provider (CASP) in compliance with the Markets in Crypto-Assets (MiCA) regulation, offering a fully regulated suite of services that include crypto custody, exchange trading, and rewards products, among other services, to ensure investor protection and market integrity in accordance with European regulations.
For more information about XION, visit their
website. For inquiries related to Bybit EU, please visit
Bybit EU.