Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with leading Austrian institutions through its licensed European headquarters, Bybit EU. This collaboration involves Vienna University of Economics and Business (WU Vienna) and the Austrian Blockchain Center (ABC), aiming to enhance blockchain education and innovation in Austria. The initiative seeks to create the country’s first integrated innovation ecosystem for the digital asset class, fostering fintech and Web3 talent and startups, and advancing blockchain adoption in the region.
The partnership is designed to bridge the gap between academic theory and industry practice in the cryptocurrency sector. A local task force will establish a comprehensive Crypto Research Lab, serving as a hub for cutting-edge cryptocurrency research where academic theory meets industry practice. Additionally, a series of initiatives will connect students to real-world blockchain applications through online lectures, hands-on workshops, educational content, and practical programs. The collaboration will also include an entrepreneur incubation track where Bybit’s dedicated project evaluation team will assess and potentially invest in promising cryptocurrency startups. Students will benefit from enhanced fintech curricula delivered by Bybit experts and ambassadors, practical business-building workshops, and streamlined access to internship and management trainee opportunities within the exchange’s Austrian operations.
The initiative also includes plans for a blockchain-focused hackathon, strategic networking opportunities with the global blockchain and Web3 community, and access to the Austrian Blockchain Conference. This comprehensive approach aims to enrich the learning experience for future blockchain builders and position Austria as a leader in blockchain education and innovation in the region.
Ben Zhou, co-founder and CEO of Bybit, emphasized the importance of responsible growth through education and empowerment in the blockchain industry. He expressed excitement about connecting with future change-makers in Austria and advancing blockchain technology and adoption with WU-Vienna and ABC. The collaboration is set to transform how students engage with blockchain technology, moving from passive learning to active innovation. Vienna’s position as a regulatory hub, paired with WU’s academic excellence and ABC’s research expertise, creates the perfect foundation for developing tomorrow’s blockchain leaders and expanding this model throughout Europe.
Bybit EU GmbH, the newly established European entity, is dedicated to serving clients across the European Economic Area (EEA) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is authorized to offer a range of services to residents of the European Economic Area, including providing custody and administration of crypto-assets on behalf of clients, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, placing of crypto-assets, and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
