Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply shocked by the catastrophic floods that have devastated Valencia and other regions of Spain.
The magnitude of the damage is immense, with more than 200 people dead, thousands displaced from their homes, and widespread damage to infrastructure. The economic cost of flooding is estimated to run into billions of euros, with a significant impact on the environment.
As a company committed to social responsibility, Bybit is working in collaboration with local non-profit organization Admundi for provide urgent financial aid to those most affected.
Bybit offers help to victims of floods in Spain
Admundi, an organization dedicated to improving the lives of children in poverty. It is currently mobilizing its resources to support flood victims. Bybit’s contribution will directly help families who have lost their homes and belongings, allowing them to rebuild their lives and recover from this devastating event.
“The magnitude of the destruction caused by these floods is heartbreaking. We are committed to supporting the people of Spain during this difficult time. By partnering with Admundi, we aim to provide immediate relief and long-term support to those who need it most.”
Helen Liu, Chief Operating Officer of Bybit.
Bybit will continue to closely monitor the situation and may offer additional support as needed.
About Bybit
Bybit is the second largest cryptocurrency exchange in the world by volume of operations, with more than 50 million users. It was established in 2018. It provides a professional platform where cryptocurrency investors and traders can find a lightning-fast matching engine, 24/7 customer service, and multilingual community support.
Bybit is a proud partner of the Oracle Red Bull Racing team, reigning Formula 1 champions.
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