Bybit, a leading cryptocurrency exchange, has reported significant growth in 2025, marking a turning point for crypto adoption worldwide. According to Bybit's CEO Ben Zhou, the number of crypto owners increased by 16%, reaching an ownership rate of 8.7%. This trend is particularly pronounced in highly unbanked regions.
Zhou highlighted the importance of regulations in facilitating this growth, with over 30% more countries issuing VASP licenses in 2025. The US, Singapore, the UAE, and the EU have established crypto frameworks, and Bybit has obtained or applied for licenses across all continents. This expansion has enabled the exchange to serve 82 million users across 181 countries.
Bybit's growth is not limited to its user base. The company has also seen significant adoption of its new products, including a crypto debit card that recorded over $1 billion in volume and settled 32 million transactions. Bybit TradFi, which supports over 200 traditional pairs, set a daily volume record of $100 billion.