Bybit announced that Shunyet Jan, the current head of derivatives business, will also serve as the head of institutional business, aiming to improve the service experience provided to institutional clients. Shunyet Jan has a rich background in finance and high-frequency trading. He will combine traditional finance with the flexibility of digital assets to promote the growth of Bybit's institutional business. He emphasized that he will focus on enhancing asset custody solutions, expanding loan products and improving overall liquidity to attract more institutional clients.