#Cryptocurrency #USA #Bybit #Dubai #Education

A Game-Changing Initiative in Crypto Education

In a notable development for the cryptocurrency landscape, Bybit, the second-largest exchange in the world by trading volume, has unveiled the Bybit Rising Fund. This ambitious initiative is set to revolutionize crypto education globally, emphasizing sustainable partnerships and long-term community benefits over traditional one-off donations to charities.

Objectives and Scope of the Fund

The Rising Fund is crafted as part of Bybit's World Series of Trading (WSOT) 2025, under the theme “Rewrite, Reshape.” The fund aims to cover over 15 regions across four continents, including countries like Bolivia, South Africa, and various Scandinavian capitals. Its mission is to break down existing barriers in accessing the blockchain and cryptocurrency realms.

With a focus on providing academically sound educational materials, the fund’s approach signifies a shift towards impactful initiatives that genuinely elevate the learning experience. The project exclusively targets education, aspiring to create partnerships that yield mutual benefits while fostering a deeper understanding of blockchain technology.

Decentralized Philanthropy as a New Standard

What truly sets the Rising Fund apart is its unique approach to decentralized philanthropy. For the first time in WSOT history, Bybit is allowing regional teams to take control of the corporate social responsibility (CSR) prize pool. This enables communities in regions such as Latin America, Southeast Asia, MENA, and Europe to finance educational programs, scholarships, and hackathons in collaboration with local institutions. It not only decentralizes decision-making but also empowers local task forces to shape the future of blockchain education according to their specific needs.

Key Initiatives under the Rising Fund

The Rising Fund addresses critical barriers to entry in the blockchain and cryptocurrency sectors by introducing several programs:

• - Blockchain and Crypto Bootcamps aimed at beginners, providing them with the foundational knowledge needed to navigate the landscape.
• - Educational Courses designed to simplify complex concepts, making them accessible to a wider audience, including academics, researchers, and students.
• - Scholarships for Underrepresented Communities to ensure that education in the crypto space is equitable and inclusive.
• - Collaborative Hackathons that bring together key players in the cryptocurrency industry to stimulate innovation and creativity.

A Commitment to Lasting Impact

Ben Zhou, co-founder and CEO of Bybit, stated, “The Rising Fund is a reflection of our commitment to strengthen WSOT’s legacy through genuine educational support that goes beyond a gesture of goodwill.” He emphasized that by fostering strategic partnerships, Bybit aims to create enduring value and position cryptocurrency as a viable tool for social mobility across different communities.

Conclusion

The Bybit Rising Fund represents a transformative leap in cryptocurrency education, making strategic efforts to ensure that quality education is no longer exclusive but available to all. As crypto continues to shape various socio-economic landscapes, initiatives like the Rising Fund will pave the way for a more inclusive future in the digital economy. To learn more about the fund and its initiatives, interested parties can visit the WSOT 2025 official page or keep an eye on Bybit's social media channels for updates.

Bybit serves over 70 million users worldwide since its establishment in 2018, and through its commitment to education and innovation, it continues to bridge gaps in the financial services sphere, helping unlock the full potential of Web3 technology.