Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced an emergency humanitarian contribution of $100,000 to support communities affected by severe flooding across Southeast Asia, with a primary focus on Sri Lanka.
The floods, triggered by Cyclone Ditwah over the past week, have led to catastrophic conditions in Indonesia, Malaysia, Thailand, and Sri Lanka. The disaster has claimed more than 420 lives across the region, including 123 in Sri Lanka, with tens of thousands displaced and critical infrastructure severely damaged.
In response, Bybit is collaborating with the Central Bank of Sri Lanka (CBSL) to ensure the donation supports relief operations, emergency shelters, and essential supplies for affected families. "Our hearts are with the people of Sri Lanka and the wider South Asian region during this time of immense loss," said Nazar Tymoshchuk, Bybit’s Mini-Global Regional Manager. "We stand in solidarity with them and are committed to contributing to relief and recovery efforts together with credible local partners such as the CBSL."
Sri Lanka alone has seen over 44,000 people displaced, with widespread landslides, damaged transportation routes, and suspended public services. Rescue efforts are ongoing as authorities work to reach stranded citizens and restore services amid continued rainfall forecasts.
Bybit's contribution aims to address immediate needs including food, clean water, medical aid, temporary housing, and rehabilitation programs. The company reaffirms its long-term dedication to supporting global communities in times of crisis through meaningful action and collaboration.
