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Bybit opens international headquarters in Dubai following 50% improve in consumer base

Admin by Admin
April 18, 2023
in Middle East Tech
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Bybit opens global headquarters in Dubai following 50% increase in user base
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Bybit, the world’s third most visited cryptocurrency change with 15 million customers worldwide, right this moment introduced the inauguration of its international headquarters in Dubai. The second largest cryptocurrency change within the Center East and North Africa (MENA)1 additionally revealed future plans to extend its international presence with a stronger place within the area.

Occupying a full ground at One Central, Dubai World Commerce Centre, Bybit’s company headquarters has 16,000 sq. meters of open house overlooking iconic Dubai landmarks such because the Burj Khalifa and the Museum of the Future.

One of many first exchanges to realize in-principle approval to function in Dubai, Bybit has been driving the momentum of a meteoric rise to No. 2 among the many 400+ crypto and blockchain companies in MENA over the previous yr. In 2023, the change is on monitor to double its buying and selling quantity within the area2.

Constructing on its ambition to grow to be the world’s Crypto Ark and facilitate the mass adoption of digital belongings, Bybit seeks to gas international expansions from its new house base via new partnerships, expertise cultivation and product innovation applications.

The headquarters shall be devoted to constructing group and belief, offering a bodily house for the worldwide Bybit group to attach and discover a large number of alternatives within the coronary heart of the golden metropolis.

  • Group: Bybit welcomes companions and associates from around the globe to change concepts and diversify the group on the new house. From skilled conferences to stay streaming amenities, Bybit community members can have entry to unique areas and the help they should develop the group.
  • Pay attention, care, enhance: Bybit plans to deliver the expertise of constructing the product nearer to the bottom on the new headquarters. Ongoing are workshops to collect consumer suggestions and make clear product design and advertising and marketing processes, in addition to brainstorming classes on the newest market insights and traits.
  • Expertise: Bybit is dedicated to constructing a various and dynamic workforce in Dubai and globally. It additionally acknowledges the significance of connecting with the area people and can work with native establishments to arrange hackathons and different instructional and entrepreneurial applications to foster native expertise.

“We’re excited to be part of Dubai’s futuristic skyline and, most significantly, to have the ability to formally name Dubai house,” stated Ben Zhou, CEO and co-founder of Bybit. “The digital financial system is advancing at an unbelievable velocity, and crypto and blockchain expertise would be the spine and connective tissues. As probably the most progressive digital asset facilities in MENA and the world, Dubai is optimally positioned to seize alternatives within the sector by bringing collectively state-of-the-art expertise and infrastructure, worldwide expertise and imaginative and prescient.”

Zhou stated the house was designed to encapsulate Bybit’s dedication to openness, creativity and transparency. “The brand new workplace shall be an modern hub for dreamers and creators to change concepts and unlock the next-level alternatives of Web3. Our door shall be open to pals and members of the Bybit household,” he stated.

  1. By February 2023 spot buying and selling quantity.
  2. Bybit has recorded a buying and selling quantity of USD 33.5 billion in MENA in 2022.

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