Press Releases

Bitget: Regardless of the crypto rate in 2021

Bitget: Regardless of the crypto rate in 2021.

 

Press release

December 27, 2021 The year is drawing to a close and we can look back and say that 2021 was a pivotal year for the crypto industry. Important milestones were reached, with Bitcoin (BTC) reaching new all-time highs several times, the sacrosanct token boom and decentralized financing (DeFi) gaining wide acceptance among central governments and traditional financial institutions. Cryptocurrency exchanges have played a key role in the market’s unprecedented growth in 2021, with players like Bitget leaving their mark on the ecosystem.

Bitget‘s digital assets business has grown globally and has contributed significantly to the futures trading sector, which has put the derivatives exchange in the top 5 in the world for futures trading. Its average daily futures trading volume is ten times higher than last year, and its total annual sales exceeded $ 300 million, making it a unicorn in the financial markets. Additionally, in March 2021, the company acquired BitKeep, Asia’s best-known decentralized wallet, and became the world’s leading centralized financial platform and DeFi 360 trading platform that provides multi-dimensional asset protection to better serve platform users and open a new traffic entrance for exchanges.

Bitget took it a step further earlier this month by launching its investment firm Foresight Ventures. Foresight Ventures has formal partnerships with renowned blockchains such as Avalanche and Arweave, and extensive partnerships with many global investment institutions such as Republic Realm. In addition, the portfolio includes several promising projects including Matrixport, RSS3, Realy, Colony, Everpay and Defina, to name a few.

Bitget has maintained its position as a regulated cryptocurrency exchange and to expand its global reach, it has entered into strategic partnerships with big names in sports, such as being the first partner of Juventus and PGL Stockholm 2021, a major esports event. It won’t be surprising to see more funding deals on Bitget in the coming quarters.

Bitget’s ultimate goal is to provide a musicless and globally accessible trading experience.

According to official reports, Bitget will continue to expand in European, African and Latin American markets in 2022 with a user-centric approach and use its innovative strength to bring valuable products from Output to market and list potential projects. Bitget has shown exceptional commitment and leadership in 2021, and its rapid growth is certainly one of the things to watch out for in the industry. In a few days until 2022, seems stronger than ever and we are eagerly awaiting what they have in store.

Contact:

Varina Wang

Varina@bitget.com

Media Contact:

MediaX Agency

contact@mediax.agency

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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