Toobit Strengthens CIS Market Presence as Business Partner at Crypto Summit 2025

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GEORGE TOWN, Cayman Islands, Sept. 15, 2025 — Toobit, the globally recognized and award-winning cryptocurrency exchange, has announced its participation as a Business Partner at the Crypto Summit 2025, scheduled for September 24-25, 2025, in Moscow. The Toobit team will be stationed at Booth D-04.

Toobit’s involvement in the Crypto Summit is a part of its broader global expansion strategy. Following its successful entry into South Korea in the APAC region in 2024, and its increased focus on the MENA region starting in late 2024, Toobit is now strategically targeting the growing markets within the Commonwealth of Independent States (CIS) with its presence at the Moscow event.

“We are excited to be a business partner at Crypto Summit 2025, a key event for the crypto community in Russia,” stated Mike Williams, Chief Communication Officer at Toobit. “The Russian market is vibrant and offers significant opportunities. This summit is an ideal platform to engage with important stakeholders, share our insights on the future of crypto trading, and explore avenues for growth in this crucial region.”

The Crypto Summit is a leading event for the crypto and blockchain sector in Russia, drawing together major innovators, investors, and government officials. Addressing key topics such as market regulation, cross-border payment solutions, and the advancement of local exchanges, the summit offers Toobit a valuable setting for direct interaction and the establishment of new partnerships.

Cryptocurrency adoption in Russia has grown substantially and is now a significant aspect of the nation’s financial system. As of mid-2025, Russia holds the 10th position worldwide in overall crypto adoption and ranks 8th in terms of retail centralized service value received, demonstrating a strong presence at the grassroots level within the market.

The Central Bank of Russia has estimated that the total value of cryptocurrency assets held in Russian wallets amounted to 827 billion rubles at the close of March 2025.

About Toobit

Toobit is an award-winning cryptocurrency derivatives exchange that is shaping the future of crypto trading, designed for traders who are eager to explore new opportunities. Equipped with deep liquidity and advanced technology, Toobit enables traders around the world to confidently navigate the digital asset markets. We are committed to providing a fair, secure, seamless, and transparent trading environment, ensuring that every trade provides an opportunity to discover what lies ahead.

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Contact: Davin C.

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