Bitget, a cryptocurrency exchange, announced that it had gained control of the decentralized BitKeep multi-chain wallet after investing $30 million in the project.
The investment deal involves merging BitKeep Wallet with Bitget’s commercial domain. This move will make it easier for the exchange to diversify its service offerings and enhance the dependability and security of BitKeep’s products.
Bitget has clarified that the investment represents a significant step towards its entry into Web3, in line with its new Go Beyond Derivatives strategy. This strategy seeks to bridge the gap between CeFi and DeFi and transform the platform into a thriving ecosystem that goes beyond being a leading derivatives exchange and becomes a comprehensive and holistic platform.
Bitget clarified that the investment represents a significant step towards its entry into Web3, in line with the new Go Beyond Derivatives strategy. This strategy seeks to bridge the gap between CeFi and DeFi and transform the platform into a thriving ecosystem that goes beyond being a leading derivatives exchange and becomes a comprehensive and holistic platform.
Gracy Chen, managing director at Bitget, stated:
“This move is a win-win choice for Bitget and BitKeep and facilitates collaborative efforts in the decentralized space and beyond.”
Chen also expressed delight in working with the BitKeep team to improve the security and stability of their services. She is confident that integrating their native solutions into BitKeep’s infrastructure will bolster the wallet’s position in the market.
According to Moka Han, the Chief Operating Officer at BitKeep, the investment deal encompasses financial and technical support, with a team of professionals assisting them in developing their products and expanding their market.
Han expressed excitement about the partnership’s potential to offer users a complete range of digital asset management services.
Han stated:
“We believe that working closely with Bitget will not only drive the growth of our business but also provide us with valuable experience exchange that will benefit our users.”
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