Bybit operates as a cryptocurrency exchange and trading platform offering trading across numerous digital-asset pairs. It expanded into Indonesia after acquiring a controlling stake in PT Enkripsi Teknologi Handal (formerly NOBI) and rebranded the local business as Bybit Indonesia. The Indonesia launch will be phased, initially offering users access to 500 trading pairs and led by former NOBI executives Lawrence Samanta (CEO) and Dionisius Evan (COO). Financially, Bybit announced a $400 million strategic investment from Citadel Securities at a $20 billion valuation. The company intends to use the capital to broaden offerings across asset classes, prioritizing tokenized securities and derivatives and investing in infrastructure and settlement capabilities. The articles do not provide revenue, user, or prior funding-round metrics.

Total raised

$439M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2026