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The 4th Tbilisi Silk Road Forum concluded on October 27 after two days of discussions on the future of financial technologies, cryptocurrencies and global connectivity.
The highlight of the event was a panel with Ben Zhou, co-founder and CEO of major crypto exchange Bybit. According to an announcement shared with crypto.news, speaking to an audience of over 2,000 attendees from over 60 countries, Zhou shared insights on Bybit’s strategic approach towards new jurisdictions.
Zhou explained that Bybit looks at the regulatory structure, proximity to central banks, local talent pools, and favorable policies when deciding where to operate. He also suggested that Georgia could become a regional hub for Bybit, citing support from the country’s central bank and regulatory environment.
On the topic of trust in cryptocurrencies, Zhou reflected on the industry’s notable growth over the past five years, as concepts like decentralized finance and NFTs have become mainstream. Zhou stated that cryptocurrencies are now a reliable asset class, especially in countries with unstable financial systems. People use platforms like Bybit not only for trading, but also for secure banking services, such as exchanging fiat money for cryptocurrencies and earning returns from holdings.
Security remains a priority, and Zhou highlighted Bybit’s perfect track record: no outages or breaches since its launch in 2018, a differentiator for the company in an industry plagued by cyberattacks. In his closing remarks, Zhou articulated Bybit’s ethos as an infrastructure provider building bridges to the future of Web3.
Our mission is to empower people, businesses and economies to thrive in this dynamic landscape. We don’t build the city, but we bring people to the city, where the unlimited potential of blockchain and cryptocurrencies awaits.
Ben Zhou
The broader forum focused on supply chains, logistics, connectivity and investment in transport infrastructure. It convened government, financial and diplomatic leaders to discuss the configuration of regional and global trade.
The acting governor of the Central Bank of Georgia and the CEO of 500 Global were among the other featured speakers at the event.
