Crypto Market Resurgence: Bybit and Wintermute Leaders Bullish on Options Trading
Bybit, celebrating its 5th anniversary, has marked
significant achievements, reaching over 20 million users, launching its web3
vision, and gaining institutional preference for BTC and ETH. In a strategic
move, liquidity giant Wintermute expanded to Singapore, showcasing its
prominence in liquidity provision and completing its first options block trade
on CME. Amidst the aftermath of the FTX crash, established players like Bybit
and Wintermute aim to distinguish themselves in the crypto market.
Leaders from Bybit and Wintermute, including Ben Zhou,
Eugene Cheung, and Yoann Turpin, provide insights. Zhou anticipates the
flourishing of professional options trading, Turpin, now in Singapore,
expresses optimism for the future of crypto options trading, and Cheung
discloses Bybit's OTC pilot program. The crypto market exhibits resurgence,
with rising spot and derivatives trading volumes on CEXs and CME, respectively.
The partnership between Bybit and Wintermute, initiated in
July 2021, has weathered market fluctuations, emphasizing mutual collaboration
to navigate the crypto landscape. Wintermute values Bybit's technology and its
early adoption of a Unified Trading Account. Bybit's launch of an OTC pilot
program strengthens collaboration, marking a significant milestone.
More Information : https://www.techdogs.com/tech-news/pr-newswire/crypto-market-makes-a-strong-comeback-bybit-and-wintermute-leadership-optimistic-on-options-trading
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