Mesri’s focus will be on expanding markets such as Argentina, Mexico, Colombia and Peru.
Bybit prioritizes innovation, cryptocurrency adoption and regulatory compliance.
Bybit, the world’s second largest cryptocurrency exchange by trading volume, announced the appointment of Patricio Mesri as Chief Executive Officer (CEO) of Bybit Latin America (LATAM). This announcement marks an important step within the company’s regional growth strategy.
In his new position, Patricio Mesri will direct the operations of Bybit in LATAM. Its focus will be on expanding the market, strengthening regulatory compliance and promoting the development of local talent. In addition, it will seek to increase the number of users throughout the region.
Your immediate priorities include accelerate adoption in Argentina and Mexico, promote initiatives in Colombia and Peruand explore new emerging markets like Bolivia. In the latter country, the adoption of stablecoins and cryptocurrencies is advancing rapidly.
This decision reaffirms the exchange’s commitment to Latin America, a region that stands out for its sustained growth in the use of cryptocurrencies. It also demonstrates the company’s intention to channel more resources and support to local communities.
The vision of Bybit and its CEO Patricio Mesri on the adoption of cryptocurrencies
“Latin America is one of the most promising regions for cryptocurrency adoption“said Helen Liu, co-CEO of Bybit. “People here turn to digital assets not out of curiosity, but because they truly improve their financial lives. Patricio understands this deeply. Your leadership and cultural intuition will help us strengthen ties in each local market and attract people to the local economy. Web3 safely and accessible«he added.
For his part, Patricio Mesri highlighted the key role of stablecoins in the daily lives of Latin Americans.
“We are seeing that the stablecoins and digital assets are becoming part of everyday life in Latin America, especially in places where inflation and international payments remain difficult“Mesri stated.”My goal is to ensure that people here can use these options safely, with platforms they can trust and understand. I want Bybit to become the easiest way for anyone in the region to connect to the global crypto economy, whether saving, sending money abroad or exploring new opportunities.”.
Bybit’s expansion, innovation and regulatory approach in Latin America
The arrival of Patricio Mesri coincides with a stage of internal expansion for Bybit. Over the next year, the company plans to increase its regional team by 40%, prioritizing hiring local talent. This strategy seeks to strengthen regulatory compliance and promote a closer relationship with the community.
Besides, Mesri’s leadership will drive the evolution of the product ecosystem, including Bybit Lite, Bybit Card and Bybit Pay. These solutions connect digital assets with daily life, making it easier for more users to access the digital economy.
In parallel, the exchange will work with fintechs and local authorities to develop regulatory frameworks that promote responsible innovation. Thanks to this collaboration, Latin America is positioned as a key growth center for the cryptocurrency ecosystem throughout the region.
About Bybit
Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Since its founding in 2018, it is redefining openness in the decentralized world by creating a simpler, more open and equal ecosystem for all.
With a strong focus on Web3, the exchange strategically partners with leading blockchain protocols to provide robust infrastructure and drive blockchain innovation.
Recognized for its secure custody, diverse markets, intuitive user experience, and advanced blockchain tools, Bybit connects traditional finance and decentralized finance (DeFi), empowering developers, creators and enthusiasts to take full advantage of the potential of Web3.
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