Bybit Launches Rising Fund to Expand Global Crypto Education Through Local Partnerships

Generated by AI AgentCoin World
Monday, Aug 11, 2025 9:42 am ET1min read
Aime RobotAime Summary

- Bybit, the world’s second-largest crypto exchange, launched the Rising Fund to promote inclusive blockchain education globally through CSR.

- The initiative spans 15+ regions, decentralizing prize pools to empower local communities to co-create education programs like hackathons and scholarships.

- It addresses entry barriers via beginner courses, bootcamps, and partnerships, aiming to build an accessible crypto ecosystem for underserved communities.

- CEO Ben Zhou emphasized crypto’s role in social mobility, aligning the fund with Bybit’s mission to bridge traditional and decentralized finance.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched the Bybit Rising Fund as part of its corporate social responsibility (CSR) strategy to drive inclusive blockchain education globally. The initiative is launched in conjunction with the Bybit World Series of Trading (WSOT) 2025 and spans over 15 geographies across four continents, including Bolivia, South Africa, and the Nordic capitals. The fund aims to provide sustainable, locally led educational programs that demystify blockchain technology for a wide range of participants, including academia, researchers, developers, and students [1].

Unlike traditional CSR models, the Rising Fund decentralizes control of the prize pool, empowering local communities to directly fund and co-create educational initiatives such as hackathons, scholarships, and training programs with local institutions. This is the first time in WSOT’s history that such a model has been implemented, marking a shift toward regionally tailored crypto education [1].

The program is structured to address key barriers to entry in the blockchain and crypto space. It includes beginner-focused courses, blockchain bootcamps, and collaborative hackathons designed to bring together core industry players and foster innovation. These initiatives aim to build a more inclusive and accessible crypto ecosystem, particularly for communities that have historically lacked access to such resources [1].

Ben Zhou, co-founder and CEO at Bybit, emphasized that the Rising Fund represents a broader commitment to enhancing the real-world utility of cryptocurrency beyond trading. Through strategic, long-term partnerships, Bybit aims to position crypto as a tool for social mobility and innovation, tailored to the unique needs of each region [1].

The WSOT 2025 competition, which attracts millions of participants annually, now includes a philanthropic dimension, combining competitive trading with community-driven education. This integration not only enhances the event’s global appeal but also strengthens its impact on local development [1].

Bybit, with a global user base of over 70 million, has positioned itself as a bridge between traditional finance and decentralized finance. The Rising Fund is a strategic extension of this mission, offering tools and infrastructure that support both institutional and individual engagement with blockchain technology [1].

Source: [1] Bybit Rising Fund: A Global Initiative to Transform Crypto Education From the Ground Up (https://www.prnewswire.com/news-releases/bybit-rising-fund-a-global-initiative-to-transform-crypto-education-from-the-ground-up-302526415.html)

[2] Bybit Introduces Rising Fund: A Global Initiative To (https://mpost.io/bybit-introduces-rising-fund-a-global-initiative-to-advance-crypto-education-from-ground-up/)

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