Bybit launches wealth management service specialized in crypto
“We are thrilled to introduce Bybit’s Wealth Management, a product that embodies sophistication and prudence in the crypto investment space. With tailored options, stable returns, and low-risk strategies, our Wealth Management product offers seamless access to the exponential opportunities in the crypto market.”
Bybit has announced the launch of its Wealth Management product designed to cater to the needs of discerning investors, offering personalized solutions and “attractive returns with minimized risk”, according to the UAE-based crypto exchange.
Bybit’s Wealth Management, which also opens the door for potential collaborations with institutions, aims to deliver consistent returns through cutting-edge strategies and robust risk management, regardless of market conditions.
The service features tailored products, which address individual goals and risk tolerances, allowing investors to chart their unique path in their wealth creation.
“A product that embodies sophistication and prudence in the crypto investment space”
Ben Zhou, co-founder and CEO at Bybit, said: “We are thrilled to introduce Bybit’s Wealth Management, a product that embodies sophistication and prudence in the crypto investment space. With tailored options, stable returns, and low-risk strategies, our Wealth Management product offers seamless access to the exponential opportunities in the crypto market.”
The says it focused on providing users with a secure environment for long-term growth by employing a low-risk approach in order to safeguard capital as much as possible while still targeting stable returns.
Bybit’s Wealth Management will be launched in two steps, with the first being a Fund Pool that offers access to diversified assets managed by industry experts. Following this, Bybit will introduce Structured Products, expanding investment horizons for its users.
The service is said to provide various asset growth methods, empowering investors to navigate the dynamic crypto market confidently. Wealth Management is an inclusive platform accessible to all users and also provides unparalleled benefits to high-net-worth individuals through its VIP system.
Bybit integrated with Copper’s ClearLoop network
In June, Bybit announced a significant milestone for the crypto exchange by successfully integrating with Copper’s ClearLoop network in a step forward in addressing the needs of institutional investors and reinforcing the principles of good governance, transparency, and accountability.
By merging with Copper’s pioneering ClearLoop network, Bybit enters a new paradigm of off-exchange settlements, thereby ushering in an era of increased capital effectiveness and diminished counterparty risk.
Access to ClearLoop’s trust documentation, which directly tackles exchange counterparty and insolvency risk, allows Bybit’s clients to navigate the trading landscape with heightened security and confidence.
