Bybit, one of the world’s top three crypto exchanges, recently held its highly anticipated 2023 Institutional Awards ceremony to honor its esteemed institutional partners. Five award categories were presented: Top Derivatives Partner, Top Spot Partner, Top Options Partner, Top Third-Party Partner, and Top Liquidity Provider. This exclusive award recognized the pivotal role played by these organizations in Bybit's remarkable achievements and continuous growth throughout the past year.
In 2023, 182 institution partners and 33 new broker partners joined Bybit’s trading network. Eugene Cheung, VP and Head of Institution at Bybit, commented, “This influx of esteemed collaborators contributed significantly to Bybit's thriving ecosystem. During the past year, we experienced a remarkable 75% increase in spot liquidity, topped contract liquidity, market share grew 8 times and became the top three crypto exchanges by volume, surpassing expectations and solidifying our reputation as a reliable platform for traders.”
Tune in to the captivating Awards Ceremony video now to witness the unveiling of the full list of deserving recipients, accompanied by inspiring speeches from our esteemed partners. Their words testify to the profound impact of our successful collaborations.
Ben Zhou, co-founder and CEO of Bybit, shared his excitement and gratitude, congratulating all the award winners and expressing appreciation for their remarkable contributions in 2023. He conveyed Bybit's anticipation for another amazing year of partnership and collaboration, firmly believing in the limitless potential that awaits us all.
Let's also hear from some of our outstanding partners who were honored during this momentous occasion:
Takatoshi Shibayama, Head of Sales APAC at Copper, a leading crypto custody firm, said, “On behalf of Copper, I’d like to extend our sincere gratitude to Bybit for your invaluable partnership. Your unwavering commitment to excellence, collaborative spirit, and dedication to innovation have been instrumental in driving the success we achieved together.”
Augustin Fan, Partner & CFO at SignalPlus, a leading enterprise technology company looking to democratize options trading for digital and crypto assets, said, “As one of our most important business partners, we are grateful for the journey together with Bybit. We look forward to the continuous record volume growth on Bybit in 2024, just in time for the bull market return. We’ll keep doing our best to innovate on the software solution side, and to better leverage Bybit’s market leading liquidity platform.”
Alessa Baumgartner, Business Partner Ecosystem at DWF Labs, the global digital asset market maker and multi-stage Web3 investment firm, said, “Congratulations to Bybit on reaching the 5-year milestone. We at DWF Labs are so grateful to partner with Bybit on so many different fronts. Looking forward to achieving even greater things together in 2024.”
Hao Xia, Co-Founder at LTP, a leading prime broker for sophisticated investors in the digital asset space, said, “Our journey with Bybit began about two years ago, Bybit’s great product innovations have greatly helped our clients, such as UTA and UTA Pro. Look forward to more professional and interesting products from Bybit in 2024.”
Jason Atkins, Chief Commercial Officer at Auros, a crypto algorithmic trading and market making firm, said, “This recognition highlights Auros’s unwavering dedication to excellence in trading. Bybit’s robust trading infrastructure has provided us with a reliable platform to implement our trading strategies with speed, precision and confidence. Our partnership with Bybit has played a crucial role in our trading success, we look forward to continuing our collaboration and achieving further growth together.”
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