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Bybit Showcased Innovative Payments and Crypto Solutions at Web Summit Rio 2025

  • Bybit showcased its innovative crypto payment solutions and future-ready offerings at the Web Summit held in Rio de Janeiro from April 27 to 30, 2025.
  • This presentation followed Bybit's official launch of Bybit Pay in Brazil, powered by Transfero, aiming to simplify crypto-to-fiat transactions for Latin American users.
  • Bybit also announced a strategic partnership with Tomorrowland Brasil, becoming its exclusive payment partner for the event scheduled in October in Itu, São Paulo.
  • Israel Buzaym, Bybit's Brazil Country Manager, stated that their current developments aim to provide widespread access for users to engage with digital assets seamlessly both through blockchain networks and everyday transactions.
  • Bybit's initiatives reflect growing crypto adoption in emerging markets as it strives to create instant, borderless crypto transactions for everyday users in Latin America.
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Bitcoin Insider broke the news in on Thursday, May 1, 2025.
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