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Bybit Opens Global Headquarters In Dubai’s World Trade Center

The cryptocurrency exchange has massive plans for regional and world domination after doubling trading volumes in the MENA region and increasing its user base to 15 million.

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bybit opens global headquarters in dubai's world trade center
Bybit

Established in 2018, Bybit is an ultra-fast, professional cryptocurrency exchange with 15 million users worldwide. Today, the company has announced the opening of a new global headquarters in Dubai. The MENA region’s second-largest crypto exchange also revealed plans to further strengthen its position in the Middle East.

Bybit’s 16,000-square-foot office occupies an entire floor at One Central, Dubai World Trade Center, overlooking the world-famous Burj Khalifa and the Museum of the Future.

The crypto company was one of the first exchange services to be approved to operate in Dubai and is on track to double trading volumes in the region.

Bybit has lofty ambitions for world domination. The company aims to facilitate mass adoption of digital assets and will use its new Dubai base to host professional meet-ups and live streaming events, as well as offering members of the Bybit network access to exclusive spaces and support.

Also Read: LimeWire Launches Nostalgic Browser Game With Crypto Rewards

Bybit also plans to host workshops at the new headquarters to gather user feedback, showcase its product design and commercialization processes, and share news and insights on the latest market trends.

bybit ceo and co-founder ben zhou

“The digital economy is advancing at incredible speed, and crypto and blockchain technology will be the mainstay and the connective tissues. As one of the most progressive digital assets hubs in MENA and the world, Dubai is optimally positioned to capture the opportunities in the sector by bringing together state-of-the-art tech and infrastructure, international talent, and vision,” says Ben Zhou, CEO and co-founder of Bybit.

Zhou also noted that the new office space was designed to emphasize Bybit’s commitment to openness and creativity: “We are excited to be part of Dubai’s futuristic skyline. The new office will be an innovative hub for dreamers and creators to exchange ideas and unlock next-level opportunities of Web3”.

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1,000 Drones Light The Dubai Sky For AC Milan Celebration

Cyberdrone’s groundbreaking display marked 125 years of AC Milan football club and the 1st-year anniversary of Casa Milan Dubai.

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Cyberdrone, a leading UAV display company based in Dubai, put on a breathtaking drone light show on Monday to honor two significant football milestones: AC Milan’s 125th anniversary and the one-year anniversary of Casa Milan Dubai.

The spectacle involved 1,000 drones working in perfect harmony to project AC Milan’s iconic imagery against the city’s night sky. Highlights included the UAVs synchronizing to form the club’s iconic crest, the signature red and black jersey, and a special emblem marking its 125th year. The intricate performance demanded meticulous planning, not just in terms of choreography, but also in dealing with the necessary permits and logistics.

cyberdrone ac milan dubai

“Our goal was to spotlight AC Milan’s legacy through a stunning visual narrative,” explained Mohamed Munjed Abdulla, Director of Sales at Cyberdrone. “We celebrated the club’s history, its Dubai milestone, and the universal love for football. The show also enhanced AC Milan’s regional presence, growing its fanbase through a cutting-edge, memorable experience. Drone shows are unparalleled in leaving lasting impressions, making them perfect for driving partnerships and growth”.

Also Read: Joby Begins Construction Of Dubai’s First Vertiport For Air Taxis

Greta Nardeschi, AC Milan’s Regional Director for MENA, echoed the sentiment, adding: “Collaborating with Cyberdrone for this 1,000-drone performance allowed us to connect with our fans in innovative ways. It gave us a unique opportunity to surprise and inspire audiences while elevating our Club’s visibility and that of our partners. Cyberdrone truly helped us take AC Milan to new heights”.

This groundbreaking drone display sets a new benchmark for the Middle East’s sports sector, which already contributes around $2.4 billion annually to Dubai’s GDP alone. Sporting events also generate $1.76 billion in revenues across the region, while the MENA’s entertainment sector, valued at $41.13 billion, is growing at 9.41% annually, driven by rapid technological advancements.

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