#Cryptocurrency #USA #Bybit #Dubai #Ben Zhou

Bybit's Bold New Course Toward Redefining Crypto

In a groundbreaking presentation at the recent mid-year keynote, Ben Zhou, CEO and co-founder of Bybit, introduced a daring roadmap designed to reshape the future of cryptocurrencies. As the second-largest cryptocurrency exchange globally by trading volume, Bybit is committed to transitioning from mere speculative trading to real-world application of cryptocurrencies.

The Shift from Speculation to Application

Zhou emphasized that cryptocurrencies are no longer just about speculation; they are becoming integral to various real-life applications. He stated, "At Bybit, we are not only trading for the future; we are rewriting and reshaping the notion of success, bit by bit."

Prioritizing Compliance

A vital point Zhou made during the keynote was the emphasis on compliance, an essential pillar for the maturation of the cryptocurrency industry. Bybit has successfully aligned itself with the European Union’s regulatory framework on cryptocurrency markets (MiCAR) and secured registration with the Financial Intelligence Unit of India in the first half of 2025. Zhou affirmed that compliance is not a hindrance but a facilitator, stating, "Sustainability in cryptocurrency begins with trust and transparency."

Enhancing Security Standards

Following a sophisticated multi-phase attack on one of its vendors in February, Bybit took immediate action to bolster security standards in the industry. Although the exchange's infrastructure was not compromised, it undertook nine comprehensive security audits within weeks, implementing over 50 advanced security measures. This proactive approach has garnered industry-wide praise, setting a new benchmark for platform integrity.

Delivering Trading Excellence

Bybit continues to position itself as a leader in performance and reliability. The upgraded matching engine now handles an impressive 3.5 million transactions per second and nearly 200 billion daily orders, marking a 75% year-over-year increase in the first half of 2025. The extension of the Rapid Price Improvement (RPI) mechanism to perpetual contracts has resulted in superior liquidity and enhanced execution for retail and VIP accounts, reinforcing Bybit’s stature as a premier destination for professional trading.

Redefining Wealth Management

Acknowledging the growing interest among institutions and high-net-worth individuals, Bybit is pivoting towards redefining wealth management in the digital era. The newly launched wealth management platform has already surpassed $150 million in Assets Under Management (AUM), offering tailored portfolios and strategic services designed for sophisticated investors.

The Bybit Card: Bridging Digital and Daily Transactions

Another highlight announced by Zhou was the revamped Bybit Card, which now positions itself as a fully integrated crypto-native corporate credit card. By leveraging Visa and Mastercard networks, along with intelligent security features and real-time expense tracking, the Bybit Card aims to bridge the gap between digital currencies and everyday transactions. Its rollout in the EU is anticipated in August, with further expansion to Peru and Colombia planned for the fourth quarter.

Payment Solutions Advancements

Bybit has made significant strides in payment infrastructure, with native support for QR payments across Southeast Asia and Latin America, resulting in a staggering 719% increase in usage compared to the previous quarter. The platform's partnerships with local services like Rappi and Vivaticket are driving efforts to make cryptocurrencies as accessible as cash.

Launch of Bybit Lite: Combining Trading and Passive Income

Zhou also introduced the updated Bybit app, featuring a unified platform designed for both active trading and passive income generation. Bybit Lite offers casual users a revamped Earn section with personalized strategies and simplified methods to activate unused capital.

Strategic Partnership with Mantle 2.0

An important announcement from Zhou was the deepening of strategic alignment between Bybit and Mantle, marking the beginning of what he termed "a bold new chapter in institutional-level on-chain finance." The launch of Mantle 2.0 comes with a renewed leadership group and greater ecosystem integration, as Bybit aims to accelerate decentralized finance (DeFi) development by aligning infrastructure, liquidity, and governance.

A Future Focused on Trust and Innovation

Zhou’s keynote underscored more than just the growth of the platform; it highlighted a fundamental shift in how the industry defines success. He left the audience with a clear message: the next era of cryptocurrency will be shaped by platforms that prioritize trust, usability, and genuine innovation. "Cryptocurrencies need to be simple, secure, and powerful enough that they can be used by everyone, from new users to institutional investors," Zhou concluded. "Together with our community, we are truly rewriting the rules and reshaping the space."

For those interested in fully engaging with Bybit's vision and roadmap, the complete recording of the keynote presentation is available online.