Bybit institutional has introduced a pioneering Asset Management Program within the industry. The program serves as a crucial link between investors and asset managers, facilitating a Custodial Trading Subaccount utilizing Bybit's robust infrastructure. Investors can access their account information via a connected subaccount, granting asset managers complete trading authority.

The program introduces Pro account classifications for asset managers, unlocking extra trading features based on the total trading volume across linked investor accounts. Safeguarding the confidentiality of trading algorithms and methodologies enhances trust and security.

By leveraging Bybit's sturdy infrastructure and custodial solutions, investors can trade and safeguard assets in a secure setting. Integrated managed balances ensure transparency and simplicity in monitoring assets and performance.

Moreover, the platform optimizes fee structures to boost the earnings of asset managers while streamlining profit-sharing and management fee settlement processes. Increased fee discounts benefit investors by maximizing returns and minimizing costs.

The Asset Management Program offers a user-friendly experience for both investors and asset managers, providing seamless access to various account activities and convenient onboarding and offboarding operations. This development signifies a significant advancement in cryptocurrency asset management solutions.

Eugene Cheung, Bybit's Head of Institutions, remarked, “Bybit's Asset Management Program marks a notable advancement in the cryptocurrency sector, offering a secure and effective platform for asset managers and investors to collaborate towards their financial objectives.”