Odaily News Crypto exchange Bybit successfully concluded its flagship Institutional Symposium at the close of TOKEN2049 Week. The Symposium is an invitation-only event designed to deepen institutional connections and promote collaborative innovation in the crypto space. Shunyet Jan, Head of Institutional and Derivatives at Bybit, said: "Bybit's 100% growth in institutional clients in 2024, with over 2,000 active institutions, fully reflects the market's high trust in our platform. Our OTC clearing partnership with Zodia Custody further responds to industry concerns about security, while working with partners such as Fireblocks and Copper to provide clients with secure custody services that meet institutional standards." During the event, industry leaders provided insights, including Paul Kremsky, Head of Business Development at Cumberland, Jordi Alexander, CEO of Selini Capital, and Dom Longman, Managing Director of Zodia Custody Middle East and Africa. Their participation highlights the important role of institutional power in shaping the future of crypto and the evolving role of regulated institutions as a bridge between traditional finance and digital assets. Shunyet Jan added: “This workshop aims to deepen relationships and create a space for institutions to discuss their vision for the future together. Through open discussions and opportunities for collaboration, we are jointly laying a solid foundation for future growth.”