Bybit’s Emily Bao: CEX-DEX Convergence Will Shape the Future of Crypto

Dubai, United Arab Emirates – November 3rd, 2025. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, showcased its commitment to bridging the gap between centralized and decentralized finance at Blockchain Life 2025, a landmark Web3 and blockchain forum held in Dubai, drawing 16,730 attendees from 130 countries. Emily Bao, Bybit’s Head of Spot, Founder of Byreal, and Key Advisor of Mantle, addressed the audience during a session titled “DEX vs CEX: Evolution of Exchange and New Competition.” Her insights focused on Bybit’s vision for a holistic transformation of the industry. She highlighted that both centralized and decentralized platforms offer unique advantages and presented a clear perspective on their evolving roles in the crypto landscape.