During a recent keynote, Bybit CEO Ben Zhou outlined new initiatives and plans to transform the crypto industry, including security, performance, and asset management.
Compliance Strategy and Standards
Bybit began its presentation by emphasizing the importance of compliance. The company believes that compliance is not a restriction but a means for innovation and sustainability in the crypto industry.
New Security and Performance Standards
Following a multi-layered cyberattack in the past, Bybit introduced new security standards and increased system performance to 3.5 million trades per second, achieved through over 50 security enhancements.
Innovations in Wealth Management and Everyday Purchases
As demand for wealth management grows among institutional and wealthy investors, Bybit launched a new wealth management division with over $150 million in assets. Additionally, the Bybit Card was introduced for convenient everyday transactions, linked to Visa and Mastercard networks.
Bybit's presentation outlined pathways for future development in the crypto industry, focusing on security, innovation, and accessibility for all users.
