Bitget Expands into Seychelles to Grow its Workforce Globally

Bitget, a Singapore-based cryptocurrency exchange, has announced the expansion of its operations to Seychelles in order to aid in its global expansion.

To meet user demand and promote company growth, the crypto exchange has updated its recruitment strategy, setting a new target of 1200 employees by the first quarter of 2023, which is 50% larger than its current workforce size.

The 2016 International Business Companies Act governs this most recent Seychelles registration.

Bitget has also established regional hubs in Asia and Latin America, and it plans to expand its global presence by establishing additional regional hubs in Europe and Africa.

Gracy Chen, Managing Director of Bitget, said in a statement:

“We have been working for several months on this registration and are happy to announce the development now. The registration in Seychelles offers a constructive environment for Bitget, enabling us to unlock collaborations with partners and strengthen banking relationships, along with our expansion with different partnerships, such as the Argentine football legend Lionel Messi and the Italian football club Juventus.”

When Bitget first made its initial announcement in June of this year, it stated that by the end of 2022, it would have increased its staff to 1000 employees. Bitget has increased its target to expand its workforce to 1200 employees by the first quarter of 2023 to satisfy the growing user demand and company expansion.

Gracy Chen also added:

“Our recruitment always aligns with our global expansion and long-term strategy, and we will continue to hire despite current market sentiment. Capable and suitable talent will help Bitget build a safe and reliable platform, which will gain stronger traction among users in the fiercely competitive industry and eventually lead to a more trustworthy and robust environment that better serves the community.”