Bybit held a flagship institutional seminar in TOKEN2049 week to promote the integration of traditional finance and crypto ecology

Odaily Planet Daily News Crypto exchange Bybit successfully held its flagship Institutional Symposium at the successful conclusion of TOKEN2049 Week. This symposium is an exclusive invitation-only event aimed at deepening connections between institutions and promoting collaborative innovation in the crypto field. Shunyet Jan, head of Bybit's institutional and derivatives business, said: "Bybit's number of institutional customers increased by 100% in 2024, and the number of active institutions exceeded 2,000, which fully reflects the market's high trust in our platform. Our OTC settlement cooperation with Zodia Custody further responds to the industry's concerns about security, and we work with partners such as Fireblocks and Copper to provide customers with secure custody services that meet institutional standards." During the event, industry leaders expressed their insights, including Paul Kremsky, head of business development at Cumberland, Jordi Alexander, CEO of Selini Capital, and Dom Longman, managing director of Zodia Custody Middle East and Africa. Their participation highlights the important role of institutional power in shaping the future of crypto and the evolving role of regulated institutions as a bridge between traditional finance and digital assets. Shunyet Jan added: “This workshop aims to deepen relationships and create a space for institutions to jointly explore future visions. Through open discussions and collaborative opportunities, we are jointly laying a solid foundation for future growth.”