Bitget saw major growth, expanding tenfold and handling $10 billion in daily trades, as CEO Gracy Chen highlighted at Blockchain Life Dubai 2024.
Bitget, a pioneer in the cryptocurrency exchange industry, has made a huge step forward, becoming one of the most successful digital asset exchanges in the world. At the Blockchain Life Dubai 2024 event, the Chief Executive Officer of the company, Gracy Chen, discussed the factors that have contributed to the exceptional development of the company.
Bitget CEO Highlights Company’s Remarkable Achievements
During her keynote address, Chen drew attention to the crypto exchange’s attention-grabbing successes, strategy, and ambition for growing the global adoption of cryptocurrencies by the general public. Bitget released a press release on October 23, citing their ’emphasis on outcomes’ as the primary driving force behind their consistent victories.
It was possible for the cryptocurrency exchange to achieve a tenfold expansion despite the difficult market conditions, which included a prolonged bear market. As a point of reference, the company’s workforce expanded from a mere 150 employees to an astounding 1,500, despite the adverse market conditions experienced during that time period.
As a consequence of this, the cryptocurrency trading platform is now able to manage intraday trade volumes of approximately $10 billion, positioning itself as one of the leading cryptocurrency exchanges everywhere in the world. In addition, the site has a massive user base of 45 million people located all over the world, which contributes to this significant achievement.
According to the press release, these accomplishments are identical to the effective “objectives and key results (OKR) system” that the organization has implemented. The Chief Executive Officer, Gracy Chen, posited that the ecosystem of the organization, which includes the Foresight X incubator, Foresight Ventures (which has a venture capital fund with an asset under management of $400 million), and media arms such as Foresight News, also plays a significant part in bolstering the path to success.
Bitget’s integrated strategy provides resources that range from funding and media coverage to listing chances and wallet integration, according to the release. “Bitget’s integrated approach supports Web3 projects throughout their lifecycle,” the release stated further. All of these efforts combined have allowed the company to establish itself as one of the most important businesses in the industry.
Additionally, the announcement brought attention to the fact that strategic relationships have been a driving force behind the development of the organization. It is important to note that these joint undertakings included sports alliances, such as those between Juventus and Leo Messi in the past, as well as current partnerships with Turkish players and LALIGA.
The Chief Executive Officer of Bitget, Gracy Chen, confirmed that these agreements have attracted a large amount of attention to cryptocurrency and have attracted users to the industry who may not have been familiar with either of these things before.
Additionally, the cryptocurrency exchange has initiated educational projects like Blockchain4Her and Blockchain4Youth, marking yet another significant advancement in the industry. Generally, since its formation in 2018, the exchange has experienced remarkable growth, serving over 45 million customers across more than 150 countries and regions.
