Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the appointment of Patricio Mesri as CEO of Bybit Latin America (LATAM). This announcement marks an important step in the company’s regional growth strategy.
In his new position, Patricio Mesri will lead the operations. Bybit in Central and South America. Its focus is on market expansion, strengthening regulatory compliance and fostering local talent development. We also aim to increase the number of users throughout the region.
Immediate priorities include: Accelerating adoption in Argentina and Mexico, accelerating efforts in Colombia and Peruopening up new emerging markets like Bolivia. The latter countries are seeing rapid adoption of stablecoins and cryptocurrencies.
This decision reaffirms the exchange’s commitment to Latin America, a region that stands out for its sustained growth in the use of cryptocurrencies. This also signals the company’s intention to direct more resources and support to local communities.
Bybit and its CEO Patricio Mesri’s vision for the adoption of cryptocurrencies
“Latin America is one of the most promising regions for the spread of cryptocurrenciesHelen Liu, Co-CEO of Bybit, said:People here turn to digital assets not out of curiosity, but to truly improve their financial lives. Patricio understands this deeply. Your leadership and cultural acumen will help strengthen ties in each local market and attract people to the local economy. web 3 safe and accessible«, he added.
Patricio Mesri emphasized the important role of stablecoins in the daily lives of Latin Americans.
“we, Stablecoins and digital assets are becoming part of everyday life in Latin America, especially in a region where inflation and international payments remain challenging.“Mr. Mesri said.”My goal is to help people here use these options safely using a platform they trust and understand. I want Bybit to become the easiest way for everyone in the region to connect to the global cryptocurrency economy, whether it’s to save money, send money abroad, or explore new opportunities.”.
Bybit’s expansion, innovation and regulatory approach in Latin America
Patricio Mesri’s arrival coincides with Bybit’s internal expansion phase. Over the next year, the company plans to increase its regional team by 40%, prioritizing local talent recruitment. This strategy aims to strengthen regulatory compliance and foster closer relationships with communities.
On top of that, Mesri’s leadership drives evolution of product ecosystem including Bybit Lite, Bybit Card, Bybit Pay. These solutions connect digital assets with everyday life, making the digital economy easily accessible to more users.
In parallel, the exchange will work with fintech companies and local governments to develop a regulatory framework that fosters responsible innovation. Thanks to this cooperation, Latin America is positioned as an important growth center for the cryptocurrency ecosystem across 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 our founding in 2018, we’ve been redefining openness in a decentralized world by building a simpler, more open, and more equal ecosystem for everyone.
The Web3-focused exchange has strategically partnered with leading blockchain protocols to provide robust infrastructure and drive blockchain innovation.
Recognized for secure storage, diverse markets, intuitive user experience, and advanced blockchain tools. Bybit connects traditional finance and decentralized finance (DeFi), Enabling developers, creators, and enthusiasts to realize the full potential of Web3.
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