In a milestone achievement, Bybit, the world's second-largest web3 platform by trading volume, has been honored with the Banking and Finance – Innovative Collaborations and Partnerships Achievement Award at the MEA Business Awards 2024. This accolade celebrates Bybit's groundbreaking initiative, the Blockchain for Good Alliance, which leverages Web3 technologies to drive positive social impact and address critical global challenges.

The MEA Business Awards 2024, hosted by MEA Business Magazine, recognizes exceptional businesses and organizations across the Middle East and Africa. Bybit's Blockchain for Good Alliance has been acknowledged for its innovative approach to utilizing blockchain technology for social good, partnering with global leaders to launch this initiative.

Helen Liu, Chief Operating Officer of Bybit, expressed her gratitude for the award, citing the dedication and hard work of the team and partners. She emphasized Bybit's commitment to building strong relationships that drive the industry forward and create positive social impact.

Bybit's innovative approach and dedication to excellence have solidified its position as a leader in the cryptocurrency exchange industry, serving over 33 million users. This award further reinforces Bybit's reputation as a forward-thinking and collaborative force within the financial community.

Bybit's achievements include providing a professional platform with an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Its partnership with the Oracle Red Bull Racing team, the reigning Formula One champions, demonstrates its commitment to excellence.

This recognition highlights Bybit's innovative spirit and its potential to harness Web3 technologies for the betterment of society. As a leader in the cryptocurrency exchange industry, Bybit continues to push boundaries and drive positive change.