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Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients

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Crypto Exchange Bybit Announces 0M Fund to Support Institutional Clients



Bybit, the 35th largest exchange by trading volume according to CoinMarketCap, joins Binance, the largest, in trying to turn the industry tumult of the past few weeks into an opportunity. The crypto market has lost two-thirds of its value in a year and has been roiled by the collapse of large market participants.



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I'm a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.