{"id":70558,"date":"2022-11-24T16:53:42","date_gmt":"2022-11-24T14:53:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70558"},"modified":"2025-09-08T02:59:14","modified_gmt":"2025-09-07T23:59:14","slug":"bybit-launches-100-million-fund-to-support-institutional-clients","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bybit-launches-100-million-fund-to-support-institutional-clients\/","title":{"rendered":"Bybit launches $100 million fund to support institutional clients"},"content":{"rendered":"<p>Bitcoin exchange Bybit established a $100 million fund to support institutional clients during a difficult period for the industry.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u201cWe are all in this together, and it\u2019s up to everyone to do what they can to support our industry and this is one way we are helping to give back\u201d \u2014 <a href=\"https:\/\/twitter.com\/benbybit?ref_src=twsrc%5Etfw\">@benbybit<\/a> \ud83d\udcaa\ud83d\udcaa<a href=\"https:\/\/twitter.com\/hashtag\/Bybit?src=hash&#038;ref_src=twsrc%5Etfw\">#Bybit<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/TheCryptoArk?src=hash&#038;ref_src=twsrc%5Etfw\">#TheCryptoArk<\/a> <a href=\"https:\/\/t.co\/mX8jW6O3vG\">https:\/\/t.co\/mX8jW6O3vG<\/a><\/p>\n<p>\u2014 Bybit (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1595739661942415360?ref_src=twsrc%5Etfw\">November 24, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The initiative targets market-makers on the platform and specialized client managers.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe are all participants in the industry. Everyone should do everything possible to support it. This is one of the ways we can contribute,\u201d<\/em> \u2014 said Bybit co-founder and CEO Ben Zhou.<\/p>\n<\/blockquote>\n<p>Earlier, Bybit, in partnership with Nansen<a href=\"https:\/\/u1f987.com\/en\/news\/bybit-discloses-user-asset-holdings\"> disclosed the volumes of user assets<\/a>.<\/p>\n<p>Earlier in November<a href=\"https:\/\/u1f987.com\/en\/news\/binance-to-launch-fund-to-aid-industry-recovery\"> Binance<\/a> and<a href=\"https:\/\/u1f987.com\/en\/news\/okx-to-establish-a-100-million-fund-to-support-projects-affected-by-the-ftx-collapse\"> OKX<\/a> independently announced the launch of \u201crecovery funds\u201d to support post-FTX<a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\"> collapse<\/a> companies to avoid a cascading effect.<\/p>\n<p>In a subsequent note, Binance CEO Changpeng Zhao<a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-did-not-rule-out-the-possibility-of-acquiring-ftx-assets\"> said<\/a> the exchange would create a $1 billion fund to acquire troubled companies in the sector. The size of the vehicle could be increased if the stated amount proves insufficient.<\/p>\n<p> Read ForkLog\u2019s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin exchange Bybit established a $100 million fund to support institutional clients during a difficult period for the industry.<\/p>\n","protected":false},"author":1,"featured_media":70559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,1151,1166],"class_list":["post-70558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-bybit","tag-centralized-exchanges-cex"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70558"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70558\/revisions"}],"predecessor-version":[{"id":70560,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70558\/revisions\/70560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70559"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}