Bybit Expands Shunyet Jan's Role to Drive Institutional Growth

Bybit, the world's second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional.

Dubai, United Arab Emirates, 8th November, Chainwire

In a move that underscores its commitment to serving institutional clients and enhancing its innovative derivatives offerings, Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional.

A Seasoned Leader to Drive Institutional Growth

Shunyet brings a wealth of experience in both traditional finance and high-frequency trading to his role at Bybit, offering a unique perspective in the crypto space. Having worked in program trading, ETFs, and index arbitrage on Wall Street, followed by algorithmic and high-frequency trading in Asia, Shunyet’s leadership will guide Bybit in crafting solutions that specifically cater to institutional needs, merging traditional finance principles with the agility of digital assets.

With deep experience in serving sovereign wealth funds, pension funds, hedge funds, and market makers, Shunyet has a firsthand understanding of the unique requirements of institutional investors. "Both institutional sales and derivatives share a common goal—providing seamless access to liquidity and effective support," explains Shunyet. His dual background as both an institutional client advisor and a top global market maker enables him to anticipate and address the nuanced demands of these clients, helping Bybit solidify its reputation as a trusted partner for sophisticated trading solutions.

In his new role, Shunyet’s focus is clear: "I'm centered on positioning Bybit as the top choice for institutional clients by enhancing our custody solutions, expanding loan products, and strengthening liquidity across the platform." He envisions building a robust environment that not only attracts institutional clients but also elevates their experience through refined trading conditions and innovative tools. By refining custody options and liquidity enhancements, Bybit aims to further solidify its foundation in a rapidly growing sector.

A Vision for Bybit’s Derivatives and Institutional Future

Throughout his career, Shunyet has demonstrated a commitment to adapting best practices from traditional finance to the crypto industry. He sees significant potential in options trading for the crypto sector, especially in the APAC region, where demand is rapidly increasing. "While options are standard in traditional markets, they remain underutilized in crypto. My goal is to build a world-class options trading platform that offers the same level of sophistication and reliability that institutional investors expect."

"Bybit has a vision of creating a secure, innovative environment for traders, and I'm eager to contribute to the growth of our platform, enhancing institutional offerings while expanding sophisticated retail solutions," adds Shunyet.

Helen Liu, Chief Operating Officer of Bybit, commented, "Shunyet's dual expertise in traditional finance and crypto markets equips him to elevate our platform for institutional clients. His insights and leadership will be instrumental as we broaden our reach in institutional services and enrich our derivatives offerings."

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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