Bybit — Pakistan Market Activation
In May 2025, CoinConnect was engaged by Bybit Technology Limited (Seychelles) to support the global cryptocurrency exchange's Pakistan market activation. The agreement was executed at CEO level — by Malik Muntazir Abbas, Founder & CEO of CoinConnect, and Ben Zhou, CEO of Bybit Technology Limited.
Our role covered three integrated workstreams supporting Bybit's presence and activities in the Pakistani market: institutional partnership development with crypto education institutions and universities, on-the-ground event activation including a flagship Karachi hackathon, and ecosystem content production tailored for the local audience.
The engagement positioned CoinConnect as one of the first Pakistani specialist consultancies retained by a Tier-1 global crypto exchange for in-market support, and remains a reference engagement we draw on when advising other exchanges entering the PVARA-regulated Pakistani market. For exchanges evaluating VASP licensing in Pakistan, the practical operational learnings from this engagement directly inform our advisory approach.