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Apr, 2023

Bitget Launches a $100 Million Fund

Bitget is a crypto exchange based in Seychelles, which seems to survive from the current turbulence in the markets and already looks for the next day in the crypto industry.


When no.2 is out of the market (FTX), the cards are shuffling again and every player will try to grab a larger share in it.


The new move from Bitget is the launch of a $100 million fund that will target Web 3.0 startups, based in Asia. We should keep in mind that the last investment from Bitget was BitKeep, a startup for decentralized multi-chain wallets, at $30 million.


This seems that every crypto exchange will bring a new strategy in the table that will allow them to be a better position in the next bull run.


We wait for reactions from other crypto exchanges…..