Blockchain Press Releases
Global launch of generative AI engine set to revolutionise how businesses access and utilise their data
Stratio BD launches Stratio Gen-AI, the world-first, secure engine for enterprises enabling businesses to use company data in natural language with generative AI
MADRID, July 4, 2023 /PRNewswire/ — Launched today by leading Generative AI Data Fabric specialist Stratio BD, Stratio Gen-AI is a world-first generative AI engine designed to solve one of the biggest data management issues facing businesses – giving any worker easy, quick, and secure access to any information they require regardless of technical know-how.
The technology utilises a Large Language Model (LLM) with a user experience similar – but unrelated – to that of globally successful ChatGPT, enabling it to deliver information and data insights in easy-to-understand, human language, as well as understanding varying user language. This includes anything from various native tongues to different technical and literacy abilities, in order to provide the most relevant and accurate response.
This also ensures any user in all departments can effectively ask any question and Stratio Gen-AI will provide the answer instantly, rapidly improving productivity while enhancing each department’s ability to make informed decisions based on insightful data. For example, it eradicates the need for teams to download multiple reports from different applications and amalgamate them into a single spreadsheet, as well as avoiding the often lengthy waiting time it takes for data analysts to compile reports.
The new conversational tool is the final piece in the puzzle for Stratio BD’s vision to democratise data with its Generative AI Data Fabric offering: an AI-driven, end-to-end data management product designed to break down traditional barriers to data access, enabling businesses to simplify data analysis, automate tasks, and ultimately make better, more informed decisions that benefit the bottom line.
Oscar Mendez-Soto, CEO and Founder of Stratio BD said: “No matter what department you work in, whether it’s sales, HR, legal, marketing, or operations, your work will always be governed in some way by the most up-to-date and accurate data available to you. The Stratio Gen-AI engine is revolutionary for businesses as it empowers teams to use insights that would otherwise be either inaccessible, incomplete, or only possible for a data scientist to retrieve and understand. The use cases for how businesses can utilise this tool to improve and streamline operations are immeasurable.”
From day-to-day questions a manager would otherwise ask their team, to the more complex that would require a full data report from the technical teams, Stratio Gen-AI cuts out any obstacles for users to maximise their performance while reducing the need for administrative reporting. For example: sourcing a sales forecast; identifying the company’s most popular products that month; or forecasting which customers are a flight risk, are now all possible by asking a simple question to Stratio Gen-AI.
Often, businesses struggle to obtain true meaning from data as it is stored in siloed locations or across multiple applications. But because Stratio Gen-AI sits above a unified business data layer created by Stratio BD’s Generative AI Data Fabric product, the engine is able to access all of a company’s data in one view and simultaneously get an answer which is understandable in context to the business.
Stratio Gen-AI is a closed-source interface that businesses can safely use without any risk to data security as the data does not leave the company’s systems. Equally, thanks to the governance and role-based access to data already enabled by Stratio BD’s data governance module, users of the Stratio Gen-AI can only access data that is relevant and unrestricted to their position in the business.
The tool uses deep learning techniques to understand, summarise, generate, and make forecasts from large data sets. In particular, enterprises that stand to benefit the most are those that normally handle large volumes of data at scale, such as the financial, manufacturing, retail, telco, the public sector, and health and life sciences.
The engine is now available and in high demand, with a number of Stratio BD’s clients within the financial industry already starting to use the tool, including household name, high-street banks.
The news comes as the Spain-headquartered company launched regional offices in both the UK and France earlier in 2023 as part of ambitious worldwide expansion plans, now with more than 500 employees in seven countries.
Founded by entrepreneurs Óscar Méndez Soto and Ernesto Funes in 2014, Stratio BD’s clients include major corporate enterprises such as Santander, HSBC, BBVA, and Carrefour. The company is recognised by analysts such as Gartner and Forrester as international leaders in the data fabric space, and last year completed its Series C funding worth EUR 65 million while also achieving 40 per cent growth.
Oscar concluded: “Crucially, this technological leap is only possible because of the incredible capabilities of our market-leading data fabric product. Generative AI cannot understand or manage technical data unless it is available in a unified business layer and given business meaning through ontologies. Our Stratio Gen-AI product does this best, which is why we are in prime position to pioneer this technology for our clients.”
For more information visit http://stratio.com/gen-ai
About Stratio BD:
Generative data fabric specialist Stratio BD was founded in 2014 by fellow entrepreneurs Óscar Méndez Soto and Ernesto Funes. The Madrid, Spain-headquartered company was created to help businesses fully harness the power of data fabric and AI. Stratio BD’s Generative Data Fabric product provides businesses with composable data management solutions, enabling governance, virtualisation, advanced analytics, and AI to multiply the productivity of companies that use it, reducing costs and time to a fraction of what they need. The product provides a range of functions, including simplifying data understanding for business users, providing knowledge graph representations, applying AI algorithms to augment data management tasks, and automating manual AI development.
Last year, Stratio BD completed its Series C funding worth EUR 65 million, led by InfraVia with participation from Adara (A and B-Series investor) and the founders. The company had reached critical mass in its historic markets of Spain and Latin America and is now leveraging the round proceeds to fund commercial expansion across Europe. Stratio BD was named Gartner’s Cool Vendor in Data Management in 2021 for its innovative generative data fabric platform.
Stratio BD’s Generative AI tool, Stratio Gen-AI, is designed to assist businesses in generating answers and insights based on their available data. Stratio Gen-AI is provided by Stratio BD solely as a technology solution. The use and utilization of the tool, as well as any decisions made based on its outputs, are the sole responsibility of the customers. Stratio BD does not guarantee in any way that the tool will operate without errors or problems. It is important to note that Stratio BD cannot guarantee the accuracy, completeness, or reliability of the results and answers generated by Stratio Gen-AI. The interpretation and use of these results are solely the responsibility of the customers. Stratio BD shall not be held liable for any loss of business, damages, or consequences arising from the use of our solution. Customers are responsible for ensuring the quality and suitability of their data and for making informed decisions based on the outputs provided by our tool.
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Blockchain Press Releases
Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”
Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.
Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.
Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.
Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.
In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.
Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.
“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly.
The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.
Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.
From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:
- The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
- The Combo Challenge invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.
Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is enhancing the user experience and capital efficiency of its lending products by integrating Crypto Loans (flexible loans) and Fixed Rate Loans into a single, streamlined interface.
The integration introduces a unified platform for both loan types, enabling users to compare, manage, and optimize their borrowing strategies with greater ease. All loan products are now accessible under the Crypto Loans page, with a redesigned layout that prioritizes usability and transparency.
“Our goal is to simplify how users interact with our lending products while enhancing their capital flexibility,” said Emily Bao, Head of Spot at Bybit. “By consolidating management tools and aligning risk models, we’re giving our users more control and clarity over their borrowing activity.”
Key upgrades include:
- Unified Cross Margin Model: Both flexible and fixed-term loans will now operate under a shared cross-margin system, allowing users to benefit from consolidated Loan-to-Value (LTV) ratios — set at 80% (initial), 85% (margin call), and 92% (liquidation).
- Shared Collateral: Collateral can now be used interchangeably across both loan types, enabling more agile capital deployment.
- Tiered Collateral Ratios: All supported assets will follow a tiered collateral system, reflecting each asset’s risk profile — consistent with the structure previously applied to Fixed Rate Loans.
- Updated Interest Calculation: Interest will be calculated hourly using a compounding method: total debt (principal + accrued interest) multiplied by the hourly interest rate.
Existing loan orders will remain unaffected, continuing under their original terms and conditions. For users seeking further information, detailed guides on both Fixed Rate Loans and Crypto Loans are available via the Bybit Help Center.
This strategic move reaffirms Bybit’s commitment to innovation and user empowerment in the evolving digital asset economy.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-unifies-loan-products-to-enhance-capital-efficiency-for-crypto-traders-302451043.html
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