Bitget used its eighth anniversary offline event to detail the next stage of its platform strategy, with Greater China head Xie Jiayin saying the company has moved beyond being a single-product crypto exchange into what it describes as a universal exchange, or UEX, spanning crypto, stocks, commodities and AI trading scenarios. He said that by the second quarter, non-crypto assets accounted for 40% of trading volume on the platform. He also disclosed that about one in every four new users began their Bitget journey through rToken. Looking ahead, Xie said Bitget will keep advancing its UEX strategy by adding more asset classes and trading scenarios, while building out institutional-grade custody and over-the-counter settlement infrastructure. The company plans to use a wider range of custody and settlement models to meet the differing needs of various institutions, and said institutional services will remain a major strategic focus in the next phase. At the event, Bitget also shared progress on the third batch of rewards under its "Tongxing Plan," saying cumulative rewards distributed had reached $3,495,658 and total reward payouts had been made 2,277,318 times. Xie said the platform wants to turn its "users first" approach into concrete action through product development, service upgrades and user rewards.
Bitget held an offline event on Thursday to mark its eighth anniversary, where Greater China head Xie Jiayin reviewed the platform's development over the past eight years and said the company has expanded from a single cryptocurrency trading venue into what it calls a universal exchange, or UEX, covering stocks, commodities and AI trading alongside crypto.
Non-crypto assets reached 40% of platform trading volume
According to Xie, non-crypto assets accounted for 40% of Bitget's trading volume as of the second quarter. He also said roughly one out of every four new users started using Bitget through rToken.
Bitget sets out next-stage UEX plan
Looking to the next phase, Xie said Bitget will continue to push forward with its UEX strategy, broaden the range of assets and trading scenarios on the platform, and improve institutional-grade custody and over-the-counter settlement infrastructure.
He said the company will use more diversified custody and settlement models to address the different needs of different types of institutions. Institutional services, he added, will remain one of Bitget's key strategic priorities in the next stage.
Third batch of Tongxing Plan rewards update
At the event, Bitget also disclosed progress on the third batch of reward distributions under its "Tongxing Plan." The company said cumulative rewards distributed under the program had reached $3,495,658, while the total number of reward payouts stood at 2,277,318.
Xie said Bitget hopes to put its "users first" principle into concrete action through product development, service upgrades and user rewards.
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