Bybit Co-CEO Helen Liu Resigns

Helen Liu's ascent at Bybit was rapid; she joined in 2020 as Vice President of Human Resources and took on roles with expanding responsibility, including VP of Marketing and Chief of Staff, before being appointed Chief Operating Officer in 2022 and ultimately co-CEO in 2025. Her leadership has been described by co-founder and CEO Ben Zhou as instrumental in shaping the company's culture and guiding it through periods of fast growth and industry challenges. Before entering the crypto industry, Liu held human resources director positions at established tech giants Nokia and Microsoft. At Bybit, she oversaw all non-technical operations, including legal, commercial, and financial products, bringing her experience from large global corporations to the fast-scaling crypto exchange. Under Liu's leadership, Bybit solidified its position as a top-tier crypto exchange. According to data from CoinGecko, Bybit's trading volume hit $1.5 trillion in 2025, capturing an 8.1% market share and ranking as the second-largest crypto exchange by volume. The exchange successfully navigated a significant $1.5 billion hack in February 2025, managing to recover and even increase its market dominance throughout the year. Beyond her corporate roles, Liu founded the Blockchain for Good Alliance, a network focused on using blockchain for social and environmental impact. She also started Moledao, a platform designed to nurture blockchain developer talent, with the goal of creating a "LinkedIn of Blockchain." Liu’s departure comes at a time of executive turnover in the wider crypto industry, as changing market conditions and a shifting regulatory landscape prompt leadership changes. While details of her new entrepreneurial venture have not been made public, her move is indicative of a broader trend of seasoned executives spinning out to launch their own projects within the digital asset space.