Bybit has unveiled its latest initiative, ByCustody, aimed at bolstering asset protection for institutional clients. This new custody framework is set to transform how institutions and private wealth clients engage with digital markets while ensuring their assets are secure. The analytical report published in the material substantiates the following: the importance of enhanced security measures in the evolving landscape of digital asset management.
ByCustody Launch and Asset Management
Launched in January 2026, ByCustody currently manages over $5 billion in assets, supported by a network of more than 30 professional asset managers. This significant milestone underscores Bybit's commitment to providing robust security measures tailored for institutional investors.
Integration of Traditional Financial Safeguards
The ByCustody framework integrates traditional financial safeguards, allowing clients to navigate the digital asset landscape with confidence. By offering a secure environment for asset management, Bybit aims to bridge the gap between conventional finance and the rapidly evolving world of digital currencies.
Garanti BBVA Kripto recently renewed its custody partnership with Ripple, enhancing its digital asset management capabilities. This move contrasts with Bybit's recent launch of ByCustody, which focuses on asset protection for institutional clients. For more details, see read more.
