Bybit announces trading infrastructure has migrated to Tokyo

Bybit has relocated its trading infrastructure to Tokyo, the exchange announced Nov. 12. The move is intended to deepen liquidity and narrow spreads, which Bybit said will improve market fairness and execution quality while reducing trading friction. The announcement did not disclose specific figures such as trading volumes, user numbers, or infrastructure costs. The relocation matters as exchanges compete on execution quality and latency for institutional and retail traders. What to watch next is whether the promised liquidity and spread improvements show up in Bybit's order book data and whether other exchanges follow with similar infrastructure moves.