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Bybit Co-Founded Blockchain for Good Alliance Takes Center Stage at UN IGF 2025

Bybit Co-Founded Blockchain for Good Alliance Takes Center Stage at UN IGF 2025

Author:
Bybit News
Published:
2025-07-30 11:14:32
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The Blockchain for Good Alliance (BGA), co-founded by leading cryptocurrency exchange Bybit, played a pivotal role at the 20th United Nations Internet Governance Forum (IGF) held in Oslo. The alliance organized a high-profile dinner event titled "Bridging the Future: Blockchain, Governance & Global Cooperation" at the historic Akershus Fortress, bringing together policymakers from Mauritius, Argentina, and Chile along with key UN representatives. The discussions focused on the ethical application of blockchain technology and its potential to drive positive global change. This event marks a significant milestone in cryptocurrency's growing influence on international governance frameworks, with Bybit demonstrating leadership in promoting digital asset ethics through its co-founding role in BGA. The participation of multiple national policymakers suggests increasing governmental recognition of blockchain's transformative potential beyond financial applications. As of July 2025, this development highlights the crypto industry's ongoing efforts to align with global governance objectives while advancing technological innovation.

Blockchain for Good Alliance Champions Digital Ethics at UN IGF 2025

The Blockchain for Good Alliance (BGA), co-founded by crypto exchange Bybit, emerged as a key voice at the 20th United Nations Internet Governance Forum in Oslo. The non-profit orchestrated a high-level dinner titled "Bridging the Future: Blockchain, Governance & Global Cooperation" at Akershus Fortress, gathering policymakers from Mauritius, Argentina, and Chile alongside UN representatives.

Discussions centered on blockchain's capacity to foster trusted digital infrastructure. "Mauritius remains committed to rights-based digital governance," stated President Dharambeer Gokhool during the event, which emphasized interoperability and ethical frameworks. The gathering signals growing institutional recognition of blockchain's potential beyond financial applications.

Smart Money Flows Into ETH, SOL, and RWA-Linked Altcoins Amid Stablecoin Decline

Institutional investors and crypto whales are shifting capital into ethereum (ETH), Solana (SOL), and real-world asset (RWA)-themed altcoins as stablecoin reserves dwindle, according to Bybit's latest Smart Money Report. The exchange's data reveals a clear pivot toward growth-oriented assets with strong narratives.

ETH has emerged as the institutional favorite, with accumulating spot positions and derivatives activity signaling long-term conviction. SOL shows signs of reversing its underperformance, with derivatives volume suggesting renewed professional interest. RWA projects like ONDO are riding a wave of DeFi innovation, attracting smart money flows.

The report highlights diverging fortunes among major assets. While BTC maintains its core holding status, AVAX faces selling pressure. Altcoins like UNI and WLD appear in smart money portfolios, reflecting bets on DeFi evolution and AI-crypto intersections.

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