Singapore, Singapore, June 9th, 2025, Chainwire
TrueNorth, led by a former chief of hybrid CeFi/DeFi exchange WOO and AI experts, raises a strategic angel round to pioneer the agentic economy.
The founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs have collectively backed an AI platform that uses autonomous agents and real-time data to uncover crypto opportunities. AI-focused firm TrueNorth, co-founded by former WOO COO Willy Chuang and ex-Temasek AI tech investor Alex Lee, has raised $1 million in funding to develop Crypto’s first AI-powered engine. An engine symbiotic to the users’ discovery journey from intent straight to the outcome.
TrueNorth’s agentic technology continuously scans across chains, socials, and macro and project data to surface timely, high-signal insights for every user personalized to their portfolio, trading style, and past behavior.
“We see true AI agents becoming the foundation for how people invest in crypto for the future,” said Willy Chuang and Alex Lee, co-founders of TrueNorth. “The market is only getting more complex, and our goal is to cut through the noise with a hyper-personalized engine powered by a generative user interface (known as Gen UI) that adapts to each user’s style and behavior in real-time. We’re building a system where the agnetic flow and expert distilled reinforcement learning models work quietly in the background, driving the user’s intent infinitely closer to the outcome.
Willy Chuang, who previously led operations at the CeFi/DeFi exchange WOO, emphasized the real-world need for tools that reduce cognitive overload in fast-moving markets. “Having led crypto exchanges and worked closely with a broad range of traders and investors, I’ve seen how fragmented data and constant noise creates friction in decision-making,” said Chuang. “TrueNorth is built to simplify this, delivering personalized insights that evolve with each user so they can move faster with more confidence.”
For his part, Alex Lee, a PhD in AI, highlighted the platform’s AI-driven approach and ongoing development phase. “AI has reached a point where it can do more than just process data; it can understand context, adapt to users, and continuously improve decision-making,” said Lee. “That’s the foundation we’re building on: agentic intelligence that works behind the scenes to surface what matters most. We’re currently in closed beta, working closely with early users to refine a system that feels intuitive but is powered by serious intelligence.”
TrueNorth’s backers, Bryan Pellegrino of LayerZero, Jeff Feng of SEI, Jordi Alexander of Selini Capital, and Yongjin of Presto Labs, as well as Will Wang of Generative Ventures, share a strong belief in AI’s transformative power in crypto trading. Their interests span key themes such as interoperability, data-driven AI models, algorithmic market strategies, and innovative infrastructure development. Together, these interests reflect not only a shared belief in AI’s potential but also the same principles driving TrueNorth’s mission to simplify and personalize decision-making in decentralized markets.
TrueNorth, a platform under Singapore-registered Advent AI, is working closely with its first 500 early users, the Truthsayers, to refine agentic workflows for AI-native investing in closed beta. In the coming weeks, the team will unveil key details of its advanced architecture and agentic frameworks as it gears up for a public launch aimed at delivering smarter, hyper-personalized crypto discovery tools to a wider audience.
To learn more about TrueNorth, users can visit https://true-north.xyz/
Contact: media@adventai.io
About TrueNorth
TrueNorth is the crypto industry’s first autonomous, AI-powered discovery engine, designed to be symbiotic with the user journey, bringing intent straight to an outcome. Combining on-chain, social, and macro data, TrueNorth uses advanced agentic infrastructure to deliver real-time, tailored insights that evolve with each user’s investment journey. Founded by DeFi/CeFi and AI experts, TrueNorth aims to democratize decentralized finance by making complex crypto information accessible and actionable for investors at all levels. TrueNorth is part of Delphi Labs’ dAGI accelerator, a protocol R&D lab focused on incubating and accelerating new Web3 primitives.
Contact
PR team
media@adventai.io
DUBLIN, June 7, 2025 /PRNewswire/ — On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance’s early-access, exclusive listing platform.
As a high-performance, modular heterogeneous blockchain network, the AB Core mainnet has been fully deployed, and—through the AB IoT sidechain and AB Connect cross-chain protocol—multi-chain interoperability is enabled; AB Wallet now supports BSC – AB cross-chain transactions and multi-asset management; the AB Foundation has launched global philanthropic projects, leveraging on-chain transparent donations and community governance to advance decentralized charity. This listing on Binance Alpha will offer global users more convenient and efficient asset mobility and participation opportunities.
Trading Highlights
$AB Live on Binance Alpha: Global users can deposit and trade $AB immediately, enjoying premium liquidity.
Airdrop Event: Eligible Binance users can claim 9,882 AB tokens on the Alpha Events page.
Trading Competition: Coming soon, with a prize pool of 115,000,000 $AB.
Details: See the official Binance announcement:
https://x.com/binance/status/1931229650543583317
This listing will significantly enhance $AB’s market depth and liquidity, and by leveraging Binance’s custody and risk-management framework, users will enjoy major improvements in security and trading experience.
About AB
AB is a high-performance, modular heterogeneous blockchain network whose native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” vision. AB is dedicated to driving stablecoin issuance, building payment-network infrastructure, and facilitating decentralized philanthropy, thereby constructing an open, trusted global value infrastructure.
Website: https://ab.org
Global Community: https://www.ab.org/community
Dublin, Ireland, June 7th, 2025, Chainwire
AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform. What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s rationale and plans. Users can refer to the official Binance announcement: https://x.com/binance/status/1931229650543583317)
Putting Technology and Liquidity to the Test on Alpha
For any emerging blockchain network, a first exchange listing is a comprehensive trial of both technology and operations. Although the AB team has conducted multiple internal and third-party security audits on AB Core and the AB Connect cross-chain protocol, real-world user environments often hide unforeseen risks. By listing on Binance Alpha—where contracts undergo Binance’s rigorous security review—the team can identify on-chain performance bottlenecks and deploy optimizations rapidly. Alpha’s user base is targeted and highly active, with a penchant for exploring new projects. By observing their trading behavior and cross-chain experiences in real time, the AB team can make iterative improvements and preempt potential issues.
Partnering with Binance to Elevate AB’s Global Influence
As a leading exchange, Binance boasts hundreds of millions of users and a mature risk-management system. Early collaboration with Binance allows AB to secure concentrated, high-quality media coverage and community attention during the Alpha phase.
High-performance modular network: AB Core mainnet is live, supported by AB IoT sidechain and the AB Connect protocol for seamless cross-chain interoperability.
Multi-chain wallet: AB Wallet already supports BSC️AB transactions and multi-asset management.
Global, multi-language community: AB’s English, Chinese, Japanese, Korean, Thai, Indonesian, and Vietnamese communities exceed ten million users.
Decentralized philanthropy: The AB Foundation’s global charity initiatives have earned Binance’s endorsement, further boosting AB’s brand reputation.
Refinement through Diverse, International Feedback
From the outset, AB has pursued a global mindset. Following the Alpha listing, regional communities sprang into action, providing diverse feedback that has been instrumental in data-driven product improvements—especially for AB Wallet. Next, the team will launch a small-scale on-chain governance trial on the testnet, inviting early token holders to vote on a minor charity donation proposal. This exercise, now successfully completed, lays the groundwork for future governance and strengthens community trust.
Future Outlook: Becoming the Ubiquitous Cross-Chain Asset
With Alpha behind it, AB’s roadmap is clear:
Technical expansion: In H2 2025, complete bilateral integrations with additional blockchain ecosystems to extend the “AB Anywhere” footprint, while employing strategies to reduce cross-chain transfer costs and boost capital efficiency.
Governance enhancements: Building on the pilot proposal, AB DAO will refine its proposal and voting workflows. The AB Foundation will enhance on-chain mechanisms to sustain donor confidence in transparency and impact.
Having amassed technical and operational know-how in the first half of the year, the AB team is poised to enter the global mainstream market with maturity. AB will soon fulfill its vision as the truly “ubiquitous cross-chain asset.”
About AB
AB is a high-performance, modular, heterogeneous blockchain network. Its native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” concept. AB focuses on driving stablecoin issuance, payment network infrastructure, and decentralized philanthropy—building an open, trusted global value infrastructure.
Website: https://ab.org
Global Community: https://www.ab.org/community
Contact
AB DAO
contact@ab.org
Cayman Islands, Grand Cayman, June 5th, 2025, Chainwire
Nibiru announces the launch of Block Party, allowing users to earn Aura, a new points system that’s designed to reward real user participation across its DeFi ecosystem. Aura reflects each user’s contributions through trading, liquidity, lending, or quests, and forms the backbone of Nibiru’s seasonal incentive engine.
Aura is earned by interacting with applications on Nibiru EVM, including trading platforms like Oku, lending protocols such as LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Users can also bridge assets via Stargate, mint and trade NFTs on Element, or explore prediction markets like BRKT and PRDT. With dozens of active applications already integrated, Nibiru EVM is live, growing, and ready for usage.
Each month-long Aura Season resets the scoreboard. Aura is earned through both onchain and off-chain missions. Onchain activity is tracked via Merkl, a battle-tested liquidity mining engine built by Angle Protocol. Off-chain and social missions are powered by Galxe, a leading quest platform trusted by major Web3 ecosystems.
Participants can boost their Aura by providing sustained liquidity in eligible pools. For example, users who lock funds in select stablecoin pairs for 90+ days can earn up to 3.5x point multipliers. Others can earn through concentrated liquidity, active trading, or completing protocol-specific missions.
Nibiru Block Party: How to Earn Nibiru Aura
Aura points and leaderboards will be viewable through a public dashboard launching soon. Each month closes with a snapshot of rankings, followed by a claim window and the start of a new season. Mechanisms such as Sybil resistance and time-weighted tracking have been implemented to ensure that rewards are allocated based on genuine activity, minimizing the potential for manipulation. The incentive structure is designed to proportionally reflect participant contributions.
Full rules, terms, and conditions for the Block Party and Aura rewards are located here.
About Nibiru
Nibiru is a high throughput Multi VM blockchain featuring Nibiru EVM, an EVM-equivalent execution engine. Its architecture executes state updates in parallel to maintain performance under heavy load. Nibiru supports standard EVM bytecode, allowing builders to avoid costly rewrites and leverage familiar tools. Backed by $20.5 million from investors in East Asia and the United States, Nibiru is engineered to make building and using Web3 applications faster, more efficient, and more accessible.
Contact
PR and Media Inquries
media@nibiru.fi
Victoria, Seychelles, June 5th, 2025, Chainwire
Following the successful debut of the limited-edition BYDFi x Ledger Nano X hardware wallet at TOKEN2049 Dubai, global crypto exchange BYDFi and hardware wallet leader Ledger have launched a global campaign to engage crypto KOLs and content creators. With only 500 units available worldwide, the initiative invites Web3 participants to promote secure self-custody and mobile-first asset protection by applying to join this exclusive collaboration.
Campaign Overview: Limited 500-Unit Cold Wallet Collaboration
The BYDFi x Ledger campaign invites creators and KOLs to participate in a simple, open-entry initiative to receive a limited-edition wallet. To join, participants are encouraged to post on X using the hashtag #BYDFixLedger, share their thoughts on the collaboration, and submit a brief application form via the official campaign page. Selected applicants will receive the exclusive BYDFi x Ledger Nano X, along with special perks as part of the partnership program.
Users can learn more and apply at: https://www.bydfi.com/en/ledger
Product Highlight: BYDFi x Ledger Nano X
The BYDFi x Ledger Nano X is a customized version of Ledger’s flagship cold wallet, equipped with Bluetooth, USB-C, and support for over 15,000 cryptocurrencies and NFTs. Key features include:
- Mobile-first design compatible with iOS, Android, macOS, and Windows
- Military-grade security via CC EAL5+ certified secure element
- Ledger Live integration for seamless asset tracking, staking, and transactions
- Support for multi-chain and multi-asset management, including Bitcoin, Ethereum, Solana, and ERC20 tokens
Engineered for users who prioritize portability and protection, the Nano X ensures private keys stay offline—eliminating the remote risks of custodial wallets or centralized platforms.
Vision: Empowering Web3 Ownership Through Self-Custody
In today’s decentralized world, where digital assets are becoming integral to both individual and institutional portfolios, self-custody has emerged as a foundational principle. BYDFi and Ledger share a vision that emphasizes secure, user-controlled asset management as the cornerstone of the Web3 movement.
This collaboration promotes a future where participants in the crypto ecosystem—whether traders, builders, or educators—can confidently manage their assets with mobility, transparency, and control.
Michael, Co-founder of BYDFi, commented: “True ownership starts with self-custody. Our collaboration with Ledger aims to equip users with secure, intuitive tools to manage their digital assets with confidence—anytime, anywhere.”
About Ledger
Ledger is a global leader in digital asset security, known for its hardware wallet innovations since 2015. With over 6 million devices sold and zero hacks, Ledger’s products—including the Nano series and Ledger Live app—enable millions of users and enterprises to manage their crypto, NFTs, and data securely in the Web3 age.
About BYDFi
Founded in 2020, BYDFi now serves over 1 million users across more than 190 countries and regions. The platform has been featured by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025. With a comprehensive product suite—including spot trading, perpetual contracts, copy trading, automated bots, and on-chain tools—BYDFi supports both novice and professional traders in navigating the digital asset market with confidence.
BYDFi is committed to providing a world-class crypto trading experience for every user.
BUIDL Your Dream Finance.
- Website: https://www.bydfi.com
- Support email: cs@bydfi.com
- Business partnerships: bd@bydfi.com
- Media inquiries: media@bydfi.com
Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi
Contact
Media Manager
Anna
BYDFi Fintech LTD
annachloe@bydfi.com
London, UK, June 4th, 2025, Chainwire
The original artist of Zeus is in. The IP owner of Pepe’s dog is in. And now some of the biggest names with real Matt Furie legacy have formally joined the $ZEUS project, positioning it as a meme coin with verified creative lineage.
$ZEUS announced today that they are the only meme coin on the market that can claim actual ties to the origin of the Furieverse. In a massive credibility flex, ND Haus, the original artist who drew Zeus – Pepe’s legendary dog, has officially joined the $ZEUS community. Jagged, the owner of the real-life Zeus, the dog, is on board and pushing the project forward.
“Never thought my dog would end up a meme legend, but here we are. Teaming up with ND Haus, the OG artist who first drew Zeus, is surreal. As the guy who built the Binance API and the owner of the real Zeus, it’s wild (and kinda awesome) to see him become the face of a project that actually respects the culture and the roots.”- Jon Eyrick (@Jaggedsoft on X)
Furie Lore: Verified
There have been countless Furie-adjacent coins: $PEPE, $WOLF, $ANDY, $BRETT. None of them had the original Zeus artist or the IP owner of the dog itself involved. $ZEUS does. In fact, other projects relied purely on meme momentum. $ZEUS is backed by real community firepower and creative lineage. With the $ZEUS trademark officially secured as of today, bringing Jon Eyrick on board ensures this is the only project in the space with real, lasting IP backing, setting it apart from every other meme coin contender.
This makes $ZEUS the first and only adjacent to the Furie Universe outside of $PEPE. However, this time – the dog takes the spotlight.
About $ZEUS
$ZEUS smart contract ends in #CC8, a nod to meme coin legends like Broccoli and CZ’s dog, tokens that went viral for the community-first, grassroots nature of their launch. Since launch, $ZEUS has climbed from a $50K market cap to over $24.6M. $ZEUS is a community project, deeply rooted in meme culture and powered by a legendary lineup including ND Haus, the original artist behind Zeus; Jon “Jagged” Eyrick, owner of the real dog and holder of the IP and NFT; and a loyal crew of early meme pioneers and supporters.
Official Links:
- X: https://x.com/zeuscoineth_
- TikTok: https://www.tiktok.com/@zeuscoineth_
- Contract: 0x0f7dC5D02CC1E1f5Ee47854d534D332A1081cCC8
- Chart: Dextools – $ZEUS
Contact
Ms.
Cognitio Strategies
Cognitio Strategies
contact@cognitiostrategies.io
San Francisco, California, June 4th, 2025, Chainwire
Huma has officially joined the Global Dollar Network (GDN) — a coalition of leading enterprises committed to accelerating the adoption of stablecoins through aligned incentives, regulatory clarity, and global utility. Launched by Paxos and powered by Global Dollar (USDG), the network includes members such as Robinhood, Kraken, Anchorage, Nuvei, and Worldpay.
USDG is a US dollar-backed stablecoin issued by Paxos Digital Singapore and is compliant with the Monetary Authority of Singapore’s (MAS) upcoming stablecoin regulatory framework. Available on Solana, Ethereum, and other public blockchains approved by MAS, USDG supports fast, low-cost, and secure global money movement. Significantly, USDG’s preferred blockchain is Solana—chosen for its unparalleled speed, efficiency, and scalability, making it ideally suited for powering real-time financial transactions. Currently, around $3.5 to $4 billion of daily stablecoin volume already occurs on Solana, highlighting its strong adoption and capacity for supporting global-scale financial operations.
A Step Forward for PayFi
Stablecoins have become a foundational layer of programmable finance—central to the future of PayFi and global liquidity—powering use cases from real-time settlement to cross-border payments. The Global Dollar Network builds on this momentum with a model designed to strengthen and scale the PayFi ecosystem.
- Aligned incentives: Network revenue is shared with GDN partners who mint, transact, and hold USDG.
- Regulatory confidence: USDG is designed to comply with MAS’s forthcoming stablecoin framework, providing the trust institutions require.
- Lower barriers to participation: Enterprises can tap into stablecoin benefits without launching their own asset.
- Collaborative adoption: GDN fosters industry coordination to drive real-world stablecoin use cases across finance and commerce.
Erbil Karaman, Co-Founder of Huma, said “Stablecoins are ready to power global payments and fintechs, however single issuer stablecoins fail to create the network effect needed to accelerate adoption. That’s why we are so excited to be joining GDN alongside many of our existing partners and bring the PayFi movement to the masses.”
Huma’s PayFi network has already facilitated over $4.5 billion in payment-backed transactions, addressing a global market exceeding $30 trillion annually. Stablecoins, such as USDG, have become essential financial infrastructure, processing over $35 trillion in transactions in 2024 alone, underscoring their critical role in the evolving financial landscape.
Ronak Daya, Head of Product at Paxos, said “Huma joins Global Dollar Network with a proven track record in delivering liquidity and credit solutions for global payments. Their infrastructure directly strengthens our network partners’ ability to move money efficiently across borders. With significant stablecoin volume already on Solana, USDG is well positioned for adoption in remittance and money movement, an area in which Huma addresses critical challenges around liquidity and pre-funding.”
Accelerating Always-On Financial Infrastructure
As stablecoin adoption accelerates with regulatory clarity emerging with the GENIUS Act, Huma is positioned to capture the infrastructure opportunity ahead with this integration with Global Dollar Network. Learn more about Huma’s PayFi network here or explore USDG integration here.
About Huma
Huma Finance is the first PayFi network accelerating global payments with instant liquidity through regulatory-compliant infrastructure. Processing over $4 billion in transactions, Huma bridges traditional and decentralised finance, enabling real-time settlement and sustainable yields backed by payment flows. As the leader in payment financing, Huma’s network addresses a total market estimated at over $30 trillion, providing an innovative payment infrastructure that transforms how money moves globally.
Contact
Account Manager
Andrew Wickerson
YAP Global
andrew@yapglobal.com
George Town, Cayman Islands, June 3rd, 2025, Chainwire
Zircuit, the chain where innovation meets security, has been featured on Binance Alpha, Binance’s exclusive platform for spotlighting the most promising early-stage Web3 projects.
To celebrate, Zircuit is launching an exclusive airdrop of 80 million ZRC tokens through Binance Alpha and preparing a ZRC trading competition with a 27.5 million ZRC prize pool.
Starting at 8:30 UTC on June 3, eligible Binance users with at least 211 Alpha points can claim their ZRC allocation directly from the Alpha Events page. Each claim consumes 15 Alpha points, and users must confirm within 24 hours to secure their reward.
Binance Alpha highlights early-stage projects demonstrating strong community momentum, increasing traction, and aligning with broader crypto trends. While Alpha listings don’t guarantee exchange listings, they reflect Binance’s view of which ecosystems are worth watching—and building with.
“Binance Alpha brings early-stage momentum into the spotlight, and we’re proud to be part of that,” said Dr. Martin Derka, co-founder of Zircuit. “Sequencer-level security is a step forward for rollup safety, and this feature helps more users discover what we’re building.”
Following the airdrop, Zircuit will launch a trading competition with 27,500,000 ZRC in rewards. More details will be released soon.
Users can visit https://www.binance.com/en/alpha-point to participate in the airdrop, or head to zircuit.com to explore the Zircuit ecosystem.
About Zircuit
Zircuit: Where innovation meets security, designed for everyone. Zircuit offers developers powerful features while giving users peace of mind. Designed by a team of web3 security veterans and PhDs, Zircuit combines high performance with unmatched security. Experience the safest chain for DeFi and staking. To learn more about Zircuit, users can visit zircuit.com, and follow them on Twitter/X @ZircuitL2
Contact
Head of Communications
Jennifer Zheng
Zircuit
jen@zircuit.com
Stuttgart, Germany, June 3rd, 2025, Chainwire
CoinsBee, a platform that enables users to buy gift cards with crypto, has reached a significant milestone by surpassing 5,000 supported gift card brands. With this achievement, CoinsBee now offers the largest selection of crypto-purchasable gift cards in the world, reinforcing its position as a key player in bridging the gap between digital assets and real-world spending.
Founded in 2019, CoinsBee was created to address a persistent challenge in the crypto ecosystem: the lack of straightforward, everyday use cases. While the industry has matured in areas like trading, staking, and DeFi, using cryptocurrency for practical purchases often remains complex or limited. CoinsBee was developed to change that.
With support for over 200 cryptocurrencies and operations in more than 180 countries, the platform allows users to convert digital assets into thousands of gift cards — all without requiring an account or identity verification. A valid email address is all that is needed for instant digital delivery.
“From the beginning, we wanted to make crypto usable — not just as a speculative asset, but as something you could spend globally on the things you need,” said Marius H., co-founder of CoinsBee. “This milestone shows that the idea works. It is not about hype or tokens; it is about real-world value, one transaction at a time.”
Turning Crypto Into Everyday Value
The 5,000-brand milestone represents more than just quantity. It reflects CoinsBee’s ongoing effort to make cryptocurrency spending as accessible and versatile as possible. Today, users can use Bitcoin, Ethereum, Tether, Solana, Dogecoin, Shiba Inu, and many other assets to access services in categories such as:
- E-commerce: Amazon, eBay, Walmart
- Gaming: PlayStation, Steam, Roblox
- Streaming & Subscriptions: Netflix, Spotify, Twitch
- Travel & Mobility: Airbnb, Hotels.com
- Utilities & Mobile: T-Mobile, AT&T, Vodafone, Verizon
- Charity: UNICEF, Red Cross, WWF
- Food & Grocery: Uber Eats, Doordash
- Fashion & Lifestyle: Nike, Macys, H&M, T.J.Maxx
The process is designed to be simple and fast. Transactions are completed in minutes, and all gift cards are delivered digitally via email. The platform also integrates with popular crypto payment tools such as Binance Pay and Crypto.com Pay, further reducing friction for users.
Growing With the Ecosystem
CoinsBee’s growth has been largely organic, driven by demand for practical crypto spending options and a consistent focus on user experience. The platform now serves over 500,000 users and holds an average 4.5-star rating across multiple review sites, including hundreds of verified Trustpilot reviews.
In addition to global brand partnerships, CoinsBee continues to expand its local offering. New gift cards are added weekly, and the company is actively developing partnerships with wallets, exchanges, and crypto communities to further broaden its reach and improve accessibility.
CoinsBee’s model has attracted growing interest from both individual users and ecosystem partners seeking seamless ways to unlock the real-world value of digital assets.
About CoinsBee
CoinsBee is a leading global platform that enables users to buy gift cards and mobile top-ups with cryptocurrency. Founded in 2019, the company was built to solve the practical challenges of spending digital assets by offering a seamless, secure, and easy-to-use platform. CoinsBee supports over 200 cryptocurrencies and operates in more than 180 countries, serving over 500,000 customers worldwide. The platform partners with thousands of global and local brands, offering an extensive selection of gift cards across e-commerce, entertainment, travel, gaming, and more. CoinsBee is committed to bridging the gap between digital currencies and real-world use, empowering users to convert crypto into everyday value quickly and securely.
Contact
Head of Marketing
Erik Rossol
CoinsBee
press@coinsbee.com
VIENNA, May 29, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has received its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal moment in its European expansion. With this new license, Bybit can now operate as a fully compliant crypto-asset services provider and passport its regulated and localized crypto products and services to nearly 500 million Europeans in 29 EEA (European Economic Area) member states through its EEA hub, which is based in Austria. Alongside this regulatory milestone, Bybit has also established its official European headquarters in Vienna, Austria.
The MiCAR license underscores Bybit’s unwavering commitment to meeting the highest regulatory standards in Europe, including crucial safeguards that are designed to enhance transparency, prevent illicit activities, and protect consumers within the European Union’s digital finance ecosystem.
“Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit,” stated Ben Zhou, co-founder and CEO of Bybit. “We are actively collaborating with regulators and pursuing licenses globally to ensure our users can access our innovative platform with the highest levels of regulatory and compliance assurance.”
To support its upcoming European expansion, Bybit is making a substantial investment in Austria, with plans to hire over 100 professionals in Vienna as it provides more localized and regulated services to users.
“Obtaining the MiCAR license demonstrates our commitment to compliance and transparency, in line with Europe’s high regulatory standards,” said Mazurka Zeng, Chief Executive Officer of Bybit Europe.
“Vienna is now the home of Bybit Europe, and we’re proud to contribute to Austria’s forward-looking financial environment by investing in talent and innovation. Beyond this, we are dedicated to fostering a strong local crypto community and, through the Blockchain for Good Alliance (BGA), we will extend our resources to work closely with universities across the region, cultivating the next generation of blockchain innovators and exploring impactful real-world applications of the technology,” Mazurka said.
#Bybit / #TheCryptoArk / #MiCAR
About Bybit
Bybit is the world’s second-largest crypto-asset exchange platform, providing over 70 million users globally access to its innovative crypto investment products and services. Bybit EU is the newly established EU headquarter and will serve the EEA clients on the dedicated Bybit EU platform.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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