{"id":154860,"date":"2023-09-13T08:55:45","date_gmt":"2023-09-13T03:25:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154860"},"modified":"2023-09-13T08:55:45","modified_gmt":"2023-09-13T03:25:45","slug":"bitget-bolsters-ecosystem-expansion-with-another-100-million-fund-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitget-bolsters-ecosystem-expansion-with-another-100-million-fund-crypto-news\/","title":{"rendered":"Bitget Bolsters Ecosystem Expansion with Another $100 Million Fund &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Derivatives marketplace Bitget has unveiled the \u2018Bitget EmpowerX Fund\u2019 that is designed to boost the platform\u2019s ecosystem development.<\/p>\n<p>According to the press release shared with <em>CryptoPotato<\/em>, the focus will be on seeking investment opportunities in regional exchanges, data analytics firms, media organizations, and other entities that contribute to the growth of its ecosystem.<\/p>\n<ul>\n<li>The EmpowerX Fund is set to deploy $100 million in capital, which will be \u201cstrategically and selectively\u201d allocated to maximize the company\u2019s long-term impact in the digital assets space and its ecosystem.<\/li>\n<li>From a strategic standpoint, Bitget aims to expand its business scope to establish a comprehensive trading ecosystem encompassing trading, investment, research, DeFi, media, and other functions.<\/li>\n<li>Bitget\u2019s Managing Director Gracy Chen highlighted the evolving CEX landscape amid influences of tightened regulations, as well as the rapid growth of Layer 2 and DeFi technologies, and expects more investment, merger, and acquisition to happen in the following months.<\/li>\n<li>The exec further added,<\/li>\n<\/ul>\n<blockquote>\n<p>\u201cThrough strategic, targeted investments that foster long-term growth, we aim to continually expand our ecosystem of services to better serve the evolving needs of users. We also want to empower other people in our industry, because a rising tide lifts all boats.\u201d<\/p>\n<\/blockquote>\n<ul>\n<li>Last month, Bitget <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/bitget-announces-partnership-with-american-comedian-adam-devine-to-attract-gen-z-crowd\/\" data-wpel-link=\"internal\">announced<\/a> a one-year partnership with popular American actor and comedian Adam Devine as part of the #SetForChange campaign.<\/li>\n<li>The Seychelles-based cryptocurrency derivatives exchange said the move aims to promote crypto education and foster wider adoption through an \u201cengaging and lighthearted approach\u201d by attracting the GenZ crowd.<\/li>\n<li>Bitget also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/bitget-expands-into-the-middle-east-and-hires-more-staff\/\" data-wpel-link=\"internal\">revealed<\/a> plans to expand its presence in the Middle East in July by setting up regional headquarters and onboarding more team members over the next two years.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Derivatives marketplace Bitget has unveiled the \u2018Bitget EmpowerX Fund\u2019 that is designed to boost the platform\u2019s ecosystem development. According to the press release shared with CryptoPotato, the focus will be on seeking investment opportunities in regional exchanges, data analytics firms, media organizations, and other entities that contribute to the growth of its ecosystem. The EmpowerX [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":55793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-154860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=154860"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154860\/revisions"}],"predecessor-version":[{"id":154862,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154860\/revisions\/154862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/55793"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}