{"id":400213,"date":"2022-01-28T00:00:00","date_gmt":"2022-01-27T21:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bybit-donates-134m-to-bitdao-and-integrates-arbitrum\/"},"modified":"2022-01-28T00:00:00","modified_gmt":"2022-01-27T21:00:00","slug":"bybit-donates-134m-to-bitdao-and-integrates-arbitrum","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bybit-donates-134m-to-bitdao-and-integrates-arbitrum\/","title":{"rendered":"# Bybit donates $134M to BitDAO and integrates Arbitrum"},"content":{"rendered":"

“# Bybit donates $134M to BitDAO and integrates Arbitrum <\/strong>”
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The news<\/a> about crypto derivatives exchange Bybit was two-fold Thursday, as the company announced via Twitter<\/a> its $134 million contribution to the BitDAO Treasury in the form of Ether (ETH), Tether (USDT) and USD Coin (USDC), as well as the completion of the integration of Ethereum layer-2 solution Arbitrum.<\/p>\n

Currently, BitDAO has one of the largest decentralized treasuries and it recently funded a $200M zkDAO to further build on zkSync and scale Ethereum. Bybit’s investment attests to its confidence in BitDAO to lead and support DeFi projects. Bybit joins other backers such as\u00a0Peter Thiel, Founders Fund, Pantera, Dragonfly and Spartan.<\/p>\n

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Bybit is proud to support https:\/\/t.co\/GPkvYHJvAq<\/a>. We have made a ~$134M contribution (in $ETH<\/a>, $USDT<\/a> and $USDC<\/a>) to the @BitDAO_Official<\/a> treasury, equivalent to 2.5bps of futures trading vol. between Nov. 1 and Dec. 31.<\/p>\n

We pledge recurring contributions.<\/p>\n

\u2014 BYBIT (@Bybit_Official) January 27, 2022<\/a><\/p><\/blockquote>\n