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Bybit's growth strategy to become the world's No. 1 exchange —— An interview with Ben Chou, co-founder and CEO

2024/11/28Hiroki Nagatomo
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Bybit's growth strategy to become the world's No. 1 exchange —— An interview with Ben Chou, co-founder and CEO

Conference to reassess current status and set sights on the future

I've been writing the Crypto Journey series for about three years now, and have attended many conferences, both large and small, but for me, TOKEN2049 in Singapore is a special event. I'm sure there are many people in the industry who make it a routine to stay in Singapore for a week in mid-September every year.

Interestingly, I learn, harvest, and meet new people every year, and it's a great opportunity to confirm my current location and lock on to the future. In the first place, this event itself has been growing year by year, so there is no doubt that a large number of resources are gathering from all over the world.

This year, the number of booths has clearly increased dramatically from last year. You can see this from the fact that the area was expanded by one floor of the Marina Bay Sands Convention Center. The fact that there are many exhibitors at such events is also proof that the industry is vibrant.

The Japanese speakers at this year's talk session were Arisa Toyosaki of Cega Finance, who I had previously interviewed in this magazine. Their project, which leads the industry in DeFi lending, has further increased TVL.

I also had the opportunity to meet her at a cafe at the right time, so I asked her about her recent activities, and it was an exciting time that I learned a lot. In addition to her, Sota Watanabe of Stake Technologies, who is well known for Astar, also spoke at the event, as he did last year.

This kind of event is not only for people in the industry. Anyone can participate as long as they buy a ticket. Crypto lovers who believe in the future of crypto should definitely come.

Side events will also be held in various places during the event, so you can have an exciting crypto tourism experience. You may even meet Vitalik, the founder of Ethereum, at the venue. He is much taller than you might think.

Now, the person I had the opportunity to interview this time was Ben, the founder of Bybit, which is famous as one of the top two exchanges in the world. It's an emotional feeling to see that Crypto Journey has finally reached the big names in the industry.

How did they establish themselves as one of the world's top cryptocurrency exchanges in such a short time, after being founded in 2018 among the plethora of cryptocurrency exchanges? And what does the future hold for them? I hope you enjoy this article.

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MAGAZINE
Iolite Vol.13

Iolite Vol.13

May 2025 issueReleased on 2025/03/28

Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.