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Bybit Rising Fund: A Global Initiative to Transform Crypto Education

Bybit, ranked as the second-largest cryptocurrency exchange globally by trading volume, is thrilled to introduce the Bybit Rising Fund. This innovative initiative emphasizes corporate social responsibility (CSR) centered on educational impact, aiming to make a significant difference across more than 15 regions on four continents, from South Africa to the Nordic capitals. Rather than traditional short-lived charitable donations, this fund seeks to establish sustainable and mutually beneficial partnerships focused on education.

The Bybit Rising Fund is debuted during the World Series of Trading (WSOT) 2025, under a transformative theme: "Rewrite Reshape." This year’s WSOT goes beyond the mere pursuit of trading excellence, interweaving meaningful real-world impact by allocating parts of the prize pool for localized education efforts. The objective is to clarify complex blockchain concepts and their applications for academics, researchers, developers, creators, and students alike.

For years, philanthropic contributions have been integral to WSOT, the longest-running cryptocurrency trading competition known worldwide. This year marks a historical turning point as Bybit decentralizes control of the CSR prize pool, allowing each region—from Latin America and Southeast Asia to the MENA region and Europe—to co-create, fund, and manage educational programs, scholarships, and hackathons with local institutions directly. This decentralization fosters ownership over projects and empowers local innovators. In doing so, communities can develop blockchain futures tailored to their unique challenges and requirements.

Addressing Industry Entry Barriers

The Rising Fund actively tackles significant barriers in the blockchain and cryptocurrency sectors by offering:

• - Bootcamps: Tailored programs designed for individuals who are new to the blockchain and crypto space.
• - Beginner-Friendly Courses: Educational resources that simplify complex ideas, making them more approachable for new learners.
• - Scholarships: Enhanced educational support for underserved communities, ensuring wider access to valuable knowledge.
• - Collaborative Hackathons: Events that unite core cryptocurrency players to stimulate innovation and creativity within the field.

Ben Zhou, Co-founder and CEO of Bybit, articulated the significance of this initiative: "The Rising Fund embodies our commitment to extending WSOT's legacy by providing tangible educational support that goes beyond mere gestures of goodwill. Through thoughtful partnerships, Bybit aims to create lasting value, showcasing crypto as a genuine vehicle for utility and social advancement."

Participants in the Rising Fund initiative are subject to specific restrictions and user requirements. More detailed information regarding the complete rules and terms can be found on WSOT 2025's official page, alongside more information about the competition.

About Bybit

Founded in 2018, Bybit has risen to become the second-largest cryptocurrency exchange by trading volume, supporting a robust global community of over 70 million users. The exchange's mission encompasses redefining transparency in the decentralized environment, fostering an inclusive ecosystem for everyone. With a strong commitment to Web3, Bybit has strategically partnered with leading blockchain protocols, promoting innovative infrastructure and driving growth in decentralized finance. The platform is renowned for its secure custody, diverse marketplaces, user-friendly interface, and advanced blockchain tools, all aimed at bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi).

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