Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced that its Private Wealth Management (PWM) service has surpassed $100 million in assets under management (AUM). This milestone, revealed in a recent X post by Bybit Official, underscores the accelerating demand for sophisticated crypto investment strategies among high-net-worth individuals, even as regulatory landscapes remain complex.

The achievement follows a 70% AUM increase in April 2025, as reported by PRNewswire on April 30, reflecting a broader trend of wealth creation in digital assets. Henley & Partners estimates there are nearly 173,000 crypto millionaires globally, with 71% of high-net-worth individuals investing in digital assets, according to a Capgemini survey.

Bybit PWM offers secure custody infrastructure, real-time market insights, and tailored portfolio strategies, addressing the needs of investors navigating the volatile crypto market.

“Private Wealth Management at Bybit is about giving high-net-worth clients the insight, strategy, and tools they need to make confident, long-term investment decisions,” said Jerry Li, Head of Earn & Wealth Management at Bybit.

However, the crypto wealth surge occurs against a backdrop of regulatory scrutiny. The U.S. Securities and Exchange Commission (SEC) has historically been cautious, with Chair Gary Gensler noting in a January 2024 statement, “The vast majority of crypto assets are investment contracts and thus subject to federal securities laws.”

While the SEC approved spot Bitcoin exchange-traded products (ETPs) in 2024, Gensler emphasized that this does not endorse crypto platforms, many of which remain non-compliant with securities laws, posing risks to investors.

Bybit’s success highlights the growing intersection of blockchain technology and wealth management, where strategic foresight—likened to a chess game in the company’s branding—becomes critical. Blockchain, a decentralized ledger technology, ensures transparent and secure transactions, making it ideal for custody solutions. Yet, as Hoptrail notes, much crypto wealth remains “trapped” due to banking sector challenges in integrating digital assets, a gap Bybit PWM aims to bridge.

This milestone signals a maturing crypto market, but investors must remain vigilant. Regulatory frameworks are evolving, and while opportunities abound, the balance between innovation and compliance will shape the future of digital wealth management. For now, Bybit’s PWM offers a glimpse into how technology and strategy can unlock crypto’s potential for the elite investor class.

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