{"id":57582,"date":"2025-11-10T10:01:54","date_gmt":"2025-11-10T10:01:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57582"},"modified":"2025-11-10T10:01:54","modified_gmt":"2025-11-10T10:01:54","slug":"what-will-define-institutional-adoption-in-2025-interview-with-bybits-b2b-chief","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57582","title":{"rendered":"What Will Define Institutional Adoption in 2025? Interview with Bybit\u2019s B2B Chief"},"content":{"rendered":"
\n

As institutional interest in cryptocurrencies booms, the market is clearly entering a more mature phase \u2013 one that\u2019s defined less by speculation and increasingly by integration.<\/p>\n

Following a period of caution after high-profile market failures (FTX, Celsius, Luna, etc.), traditional players such as hedge funds, banks, and asset managers, have seemingly re-evaluated their approach when it comes to crypto exposure.<\/p>\n

In this interview, Yoyee Wang, the head of Bybit\u2019s Business-to-business Unit (BBU), talks about how institutional participation is evolving, the renewed emphasis on trust and transparency, as well as the emergin collaboration between traditional finance and the digital asset sector.<\/p>\n

Dive in to find what will shape further institutional involvement as 2025\u2019s end draws near.<\/p>\n

\"yoyee_wang_interview_cover\"<\/a><\/p>\n

Over the past year, institutional participation in crypto has evolved alongside shifting macroeconomic conditions and regulatory clarity in key markets. How are you seeing institutional appetite and strategies change in this new phase of the digital asset market?<\/strong><\/p>\n

We are definitely seeing growing institutional appetite from two main avenues. First, there are new entrants \u2014 including trading firms, hedge funds, asset managers, and wealth management companies \u2014 looking to expand their offerings as their clients show increasing interest in crypto investments.<\/p>\n

What\u2019s even more interesting is the second group: institutions from the previous adoption wave that had pulled back after the FTX collapse. Many of them are now returning to the market or significantly increasing their exposure to crypto.<\/p>\n

Trust and transparency remain critical for institutional adoption. How is Bybit\u2019s B2B unit addressing these priorities \u2014 especially in areas like custody, liquidity management, and compliance infrastructure?<\/strong><\/p>\n

That is a very good question. Custody is actually one of the main business focuses of Bybit\u2019s B2B unit. We have built deep integrations across a full span of custodial partners to meet our clients\u2019 diverse preferences \u2014 from crypto-native custodians such as Copper and Fireblocks, to bank-backed solutions like UBS, Qatar National Bank, and Sygnum Bank. We also work with hybrid providers like Zodia, which combine bank-grade security with the flexibility of crypto custody.<\/p>\n

When it comes to liquidity management, we are bringing the best practices from TradFi\u00a0 to our clients \u2014 including features like cross-margining, leverage, and near real-time settlement. This ensures that our clients not only enjoy optimal access to Bybit\u2019s trading liquidity, but also seamless access to their assets\u2019 liquidity \u2014 regardless of where they are held or in what forms \u2013\u00a0 crypto, fiat, or even T-bills.<\/p>\n

And on compliance, Bybit is fully committed to meeting and exceeding regulatory standards across jurisdictions. We hold licenses and registrations in multiple key markets, reflecting our proactive approach to compliance and governance. These include approvals from the Securities and Commodities Authority (SCA) in the UAE, the MiCAR from Austria\u2019s FMA, and full registrations with FIU in India, among others.<\/p>\n

We also implement robust AML and KYC frameworks, maintain transparent reporting, and work closely with regulators and institutional partners to ensure our infrastructure remains secure, compliant, and future-ready \u2014 providing institutions with the trust and assurance they expect from a top-tier global platform.<\/p>\n

You\u2019ve had an extensive background in traditional banking and asset management before joining Bybit. From your vantage point, what are the most promising avenues for collaboration between traditional finance and digital asset markets today?<\/strong><\/p>\n

I believe that any form of collaboration must create value for all parties involved. If we take a step back and ask, \u201cWhat are the demands, needs, or challenges that traditional finance can solve for digital assets \u2014 and vice versa, what can digital asset markets solve for traditional finance?\u201d then the potential avenues for collaboration become much clearer.<\/p>\n

Tokenization is widely seen as the next frontier for blockchain adoption. What role do you see Bybit playing in facilitating or supporting RWA tokenization, and what are the key barriers that still need to be addressed for institutional scale?<\/strong><\/p>\n

We have already offered a comprehensive suite of solutions designed to help RWA projects launch, scale, and integrate \u2014 enabling them to expand use cases, build AUM, and enhance profitability.<\/p>\n

The key barriers are similar to those facing broader crypto adoption. In some regions, regulatory clarity remains vague, which makes large-scale institutional participation difficult. In addition, the liquidity and standardization of the underlying assets behind RWAs are still evolving, and these factors can constrain project growth potential and slow institutional adoption.<\/p>\n

Bybit has positioned itself as a reliable partner for B2B and institutional clients. Could you share more about how Bybit is evolving its infrastructure \u2014 from APIs and liquidity solutions to risk management systems \u2014 to meet enterprise-level demands?<\/strong><\/p>\n

Our principle is simple and straight-forward: we try our best to bring the most advanced trading features, tools and infrastructure to our clients whenever we can.<\/p>\n

For Bybit institutional clients using a Unified Trading Account (UTA),
\nyou can use the \u201c<\/strong>GET wallet balance\u201d<\/strong> RESTful endpoint or subscribe to the WebSocket \u201cwallet\u201d<\/strong> topic to obtain the UTA\u2019s accountIMRate<\/strong> (Initial Margin Rate) and accountMMRate<\/strong> (Maintenance Margin Rate) to monitor the account\u2019s risk level.<\/p>\n

API documentation:<\/p>\n