Bitget expanding services for institutions and VIP clients, focusing on cross-border payments efficiency
From Yahoo Finance: 2025-05-09 14:21:00
Bitget is gearing up to cater to institutional demand in the crypto space, with a 2025 roadmap heavily focused on institutions and VIP clients, offering new products and services tailored to their needs.
Bitcoin ETFs saw a $117 million net inflow on Thursday, with no outflows reported, led by BlackRock’s IBIT, Fidelity’s FBTC, and ARK’s ARKB. Total assets for spot bitcoin ETFs have reached $118.66 billion.
Bitget CEO Gracy Chen is working on custom dashboards and services for institutions to manage holdings better, with a focus on cross-border payments efficiency to reduce fees and time delays.
Institutions are recognizing the benefits of crypto trading beyond ETFs, showing interest in altcoins as well. Bitget has a $650 million protection fund and is prioritizing trust-building with investors.
Bitget emphasizes compliance with stringent regulations for institutional accounts, requiring thorough KYC and KYB processes involving deep scrutiny of company structures, funding sources, and beneficiaries, particularly those with US connections.
Read more: Bitget plans major push into institutional trading, payments in 2025