Crypto Exchange Bybit Opens Global Headquarters in Dubai

The exchange has expressed its commitment to building a diverse and dynamic team both in Dubai and globally.

Cryptocurrency exchange Bybit has opened its global headquarters in Dubai, with plans to strengthen its presence in the Middle East and North Africa (MENA) region. The firm’s corporate headquarters occupies an entire floor at One Central, Dubai World Trade Centre with an open space of 16,000 square feet.

Bybit is among the first exchange services to receive in-principal approval to operate in the emirate and is expected to double its trading volume in the region this year. With a new base of operation, the company aims to continue its global expansion through partnerships, talent cultivation and product innovation.

“We are excited to be part of Dubai’s futuristic skyline and most importantly, to be able to officially call Dubai home,” said Ben Zhou, CEO and co-founder of Bybit. “The digital economy is advancing at incredible speed and crypto and blockchain technology will be the mainstay and the connective tissues. As one of the most progressive digital assets hubs in MENA and the world, Dubai is optimally positioned to capture the opportunities in the sector by bringing together state-of-the-art tech and infrastructure, international talent and vision.”

According to the exchange, the new headquarters will serve as a space for the global Bybit community to connect. In addition, the exchange has extended an invitation to partners from around the world seeking to exchange ideas at its new home base. The new space will also serve as a venue for workshops aimed at gathering user feedback for product design and commercialization purposes.

“The new office will be an innovative hub for dreamers and creators to exchange ideas and unlock next-level opportunities of Web3. Our door will be open to friends and members of the Bybit family,” Zhou said.

The exchange has also expressed its commitment to building a diverse and dynamic team both in Dubai and globally. It has pledged to nurture local talent by working with local stakeholders to organize educational and entrepreneurial programs such as hackathons.