Global cryptocurrency exchange Bybit has announced the strategic listing of two new digital assets, SKR and FIGHT, for spot trading on its platform. The SKR token, focused on decentralized storage solutions, will begin trading at 2:00 a.m. UTC on January 21, 2025. The FIGHT token, representing a niche application within the blockchain ecosystem, will be listed shortly after, with trading expected to commence within 1-3 business days of its announcement.
Bybit confirmed the SKR listing through official channels on January 15, 2025, and will enable spot trading pairs including SKR/USDT and SKR/BTC. The FIGHT token will similarly launch with major pairs like FIGHT/USDT. These listings follow Bybit's established pattern of selective, quality-focused expansion, with the exchange typically adding only 3-5 new assets per month after rigorous due diligence.
The exchange's compliance team conducts thorough evaluations assessing technical security, regulatory compliance, market demand, and community support. Both tokens successfully passed these assessments. Bybit's substantial user base and robust trading infrastructure are expected to provide immediate liquidity and enhanced visibility for these assets. The exchange has invested significantly in scaling its technological capabilities, with a trading engine that processes millions of transactions daily with minimal latency.
The listings occur during a period of renewed institutional interest in alternative and specialized digital assets. Market analysts note that exchange listings typically generate immediate market effects, with historical data showing initial trading volume increases of 200-400% and improved order book liquidity. The decentralized storage sector, which SKR operates within, has shown consistent growth since 2023 with increasing enterprise adoption.
Bybit's strategic expansion aligns with broader industry trends where exchanges now compete on asset variety alongside trading features. The exchange maintains compliance teams across multiple regions to navigate the complex regulatory environment, balancing innovation with regulatory responsibility.
