XION debuts on Bybit EU Launchpool with regulated crypto yields
XION has announced it will become the first Launchpool project on Bybit's EU exchange, providing users with regulated access to crypto asset yields.
The project launch follows Bybit's recent acquisition of a Markets in Crypto-Assets Regulation (MiCAR) licence in Austria, which allows it to provide regulated crypto services throughout the European Economic Area (EEA), excluding Malta. The new partnership opens up regulated access for more than 450 million users across 29 EEA markets, with onboarding available via Bybit's EU platform. The launchpool is set to go live on 14 August 2025.
Launchpool structure
The launchpool will distribute a total of 100,000 XION tokens. Of these, 50,000 XION will be allocated to XION stakers, with an estimated annual percentage rate (APR) of 60%. MNT stakers will receive 30,000 XION tokens, at an estimated APR of 36%, and 20,000 XION tokens will be available to USDC stakers, at an APR of 24%. These rates reflect the current estimates and are aimed at encouraging participation among verified users of the Bybit EU platform.
An important aspect of the collaboration is that all assets and activities pertain to MiCA-approved assets and services, which ensures compliance with the regulatory framework that came into force across the EU. The partnership further builds on XION's track record in the region, including the publication of a MiCA Title II whitepaper and previous integrations with European companies such as Ledger and Bitvavo.
XION's European expansion
XION describes itself as a consumer-focused Layer-1 blockchain project, aimed at bringing blockchain-based services to a broader audience. The platform has now attracted more than 100 global brands. In Europe, XION has expanded its presence through its compliance initiatives, integration with Paris-based Ledger in June, and listing on Dutch-based Bitvavo during the summer.
Anthony Anzalone, Founder of XION, stated the significance of this partnership with Bybit EU for both the project and the broader blockchain sector in Europe.
"Being the very first Launchpool on Bybit EU is a major signal of XION's deep partnership with Bybit and our shared focus on expanding compliantly in the European markets. Europe is now the proving ground for regulated digital assets, and together with Bybit EU we're setting a precedent for how mainstream audiences can discover and engage with blockchain technology in a safe, intuitive way."
Bybit's plans for 2025 include a clear focus on the European market. The company's acquisition of a MiCAR licence marks a significant development, as it positions Bybit to provide compliant crypto services in the region.
Mazurka Zeng, CEO of Bybit EU, commented on the strategic alignment between both organisations and the opportunities provided by regulation.
"Recently securing our MiCAR license in Austria represents our commitment and major focus in 2025 to bring compliant, innovative crypto services to European users. Today's launch with XION, a blockchain focused on mainstream adoption of crypto, demonstrates how regulation can accelerate rather than hinder innovation, and perfectly aligns with our European expansion strategy."
Partnership background
This latest collaboration builds on XION's previous participation in Bybit Global's Launchpool during its Token Generation Event. According to both companies, the renewal of the partnership under the MiCA framework underscores an ongoing joint effort to expand the accessibility and everyday utility of blockchain technologies for a mainstream audience.
Bybit EU offers regulated crypto-asset services including custody, exchange, and transfer of crypto-assets within the EEA, in accordance with EU law. The launch of XION on Bybit EU's first Launchpool is poised to further reinforce both firms' focus on compliance and accessibility as they expand across Europe.
