crypto Exchange Bybit Appoints Shunyet Jan to Lead Derivatives Division
In a strategic move to bolster its expertise and drive Innovation, Bybit, the world's second-largest crypto Exchange by trading volume, has announced the appointment of seasoned banker Shunyet Jan as the head of its derivatives division. This significant appointment underscores Bybit's commitment to investing in top talent to maintain its leadership in the derivatives Market.
Supporting Growth Amidst Industry Changes
Shunyet Jan joins Bybit at a pivotal moment in the crypto industry, with shifting regulatory landscapes and emerging opportunities. With a Wealth of Experience in both traditional and Digital markets, Shunyet is poised to lead Bybit's derivatives division into the next phase of Growth.
Shunyet emphasized the importance of clear regulatory frameworks in the industry, stating that transparent regulations are crucial for institutional Adoption. He aims to develop products that inspire confidence among institutional investors while advocating for regulatory clarity at Bybit.
Additionally, Shunyet highlighted the untapped potential of options trading in crypto markets. He believes options will Play a vital role in risk management and yield generation, especially in the APAC region. Bybit's goal under Shunyet's leadership is to create a world-class options trading platform that rivals traditional financial markets.
Leading Bybit’s Derivatives Strategy
As the new head of Bybit's derivatives business, Shunyet will oversee perpetuals, futures, and options trading. With a background in Wall Street and high-frequency trading in Asia, Shunyet brings valuable expertise to refine Bybit’s offerings for institutional and retail traders. His leadership will strengthen Bybit's position as a Market leader in the rapidly evolving crypto space.
"Bybit has been recognized as a derivatives powerhouse, and I’m thrilled to contribute to its vision of being the 'crypto Ark,' guiding traders through the era of crypto and web3," said Shunyet.
Shunyet’s Career in Finance
Shunyet began his career on Wall Street, specializing in program trading, ETFs, and index arbitrage. His transition to Asia exposed him to algorithmic and high-frequency trading before focusing on institutional crypto markets. With expertise across traditional and Digital finance, Shunyet is well-positioned to bridge the gap between the two worlds at Bybit.
Helen Liu, Chief Operating Officer of Bybit, praised Shunyet's Experience, stating that his insights will elevate Bybit’s platform for institutional audiences. Shunyet expressed excitement about contributing to Bybit’s Growth and enhancing its trading Solutions for sophisticated users.
About Bybit
Established in 2018, Bybit is the world’s second-largest cryptocurrency Exchange, serving over 50 million users. With a professional platform offering an ultra-fast matching engine, 24/7 support, and multilingual community services, Bybit is a trusted partner for crypto investors and traders worldwide. Bybit is also a proud sponsor of Formula One’s Oracle Red Bull Racing team.
For further information about Bybit, please visit the Bybit homepage.
Contact
Head of PR
Tony Au
Bybit
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