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Bybit CEO Ben Zhou Highlights Crypto’s Role in Shaping Future Finance at Point Zero Forum 2024 in Zurich By Chainwire
Dubai, United Arab Emirates, July 10, 2024, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continues to lead the digital asset revolution with CEO Ben Zhou’s influential presence at Point Zero Forum 2024 in Zurich, Switzerland. This prestigious annual event brings together visionaries from finance, politics, and technology to shape the future of global financial systems.
During the session titled “Bridging Finance: How Digital Assets Enhance Financial Services and Vice Versa,” Zhou emphasized the crucial role of user experience and familiarity in mainstream cryptocurrency adoption. Bybit, he explained, prioritizes creating user-friendly interfaces that bridge the gap between traditional finance and the innovative world of cryptocurrency.
Strengthening the future of finance
Zhou highlighted the transformative potential of cryptocurrencies for developing economies. In regions where financial systems are still under construction, cryptocurrency adoption is skyrocketing, and Bybit is actively working with local players to seamlessly integrate cryptocurrencies.
Pioneering real-world resource integration
Zhou also shed light on the exciting advances that are blurring the lines between traditional and digital assets. He highlighted the recent launch of the Hong Kong ETF, which allows cryptocurrency holders to leverage their assets for real-world applications, such as home ownership, without having to sell their holdings.
Bybit is actively involved in projects exploring Real World Asset (RWA) tokenization, unlocking the value of traditional assets for cryptocurrency users. This two-way bridge fosters innovation and strengthens both sides of the financial landscape.
Driving Competitive Innovation
Zhou emphasized the inherent competitive pressure that is driving traditional players to embrace cryptocurrencies. The future of finance is undeniably intertwined with Web3 technology, and those who fail to adapt risk losing ground. Bybit actively engages with regulators around the world, recognizing the different approaches and emerging competition among regulators.
Recent positive signs from Hong Kong, with its licensing regime for crypto firms, illustrate this shift. The focus, Zhou concluded, should not be on encouraging adoption, but on embracing technology and fostering a collaborative and safe environment for innovation.
Driving financial evolution
Bybit is at the forefront of this transformative era, committed to building bridges between established financial systems and emerging digital assets. This dedication accelerates the creation of a more inclusive and efficient global financial ecosystem, embodying Bybit’s vision of a synergistic financial future.
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About BybitBybit is the world’s second largest cryptocurrency exchange by trading volume, serving over 33 million users. Founded in 2018, Bybit provides a professional platform where cryptocurrency investors and traders can find a lightning-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of the reigning Formula One Constructors’ and Drivers’ Champions: Oracle (NYSE:) Red Bull Racing. For more details on Bybit, visit Bybit Press. For media inquiries, please contact: media@bybit.com For more information, please visit: https://www.bybit.com For updates, follow: Bybit Community and Social Media
ContactPublic Relations ManagerTony AuLosstony.au@bybit.com