Cryptocurrency exchange Bybit recently participated in the HSC Asset Management Conference in Abu Dhabi. At the conference, Yoyee Wang, Head of Institutional Business at Bybit, stated that custody design, capital efficiency, and regulatory transparency are key elements driving institutional participation in digital assets. Speaking at a forum titled "The Future Architecture of Digital Finance: Investment, Trading, Custody, and New Market Structures," Wang stated that with the introduction of custody structures, the primary challenge the industry faces when dealing with institutional clients is capital efficiency. She also mentioned that Bybit previously established its headquarters in the UAE, partly because regulatory clarity is crucial for technological innovation and building global institutional confidence. Wang further noted that Bybit has partnered with Qatar National Bank and UBS to launch tokenized products, providing clients with exposure to money market instruments and encouraging institutions to view digital assets as part of the broader blockchain infrastructure.