Singapore, June 1, 2022 — Leading global derivatives exchange Bitget announced today the appointment of Gracy Chen as managing director to lead Bitget’s growth strategies as the platform accelerates its global expansion plan.

With a presence in more than 50 countries worldwide, Bitget has grown at an unprecedented pace. Earlier this year, Bitget announced its derivatives trading volume had reached an all-time high of $8.69 billion, representing a 300% growth compared to the previous year. Its user base also grew significantly to 2 million users worldwide. With Bitget’s exponential growth in the past year, Chen’s appointment will be focused on managing growth for broader global markets.

Commenting on Chen’s appointment, Sandra Lou, CEO of Bitget, said, “We are extremely pleased to have a seasoned professional like Gracy join us and look forward to leveraging her expertise in the space to further strengthen our growth strategies across international markets.”

Having witnessed the tremendous growth of Bitget since its 2018 launch — with the platform most recently ranking top-five globally by CoinMarketCap and CoinGecko for derivatives trading by volume — Chen was inspired to rejoin the fintech industry and devote her full attention to the crypto space. Upon her appointment, Chen will oversee the growth and expansion of global markets, strategy, execution, business and the corporate development of Bitget. She will also be elevating Bitget’s voice and presence in the broader crypto ecosystem and assisting the brand to further flourish under her leadership.

Chen joins Bitget, having held executive roles at XRSpace, a VR technology company headquartered in Taipei. Invited by Peter Chou, chairman of XRSpace, Gracy oversaw and led the marketing and business development functions, as well as government and public relations in the region.

Formerly an anchor and producer at Phoenix TV’s technology and finance channel, one of the largest media conglomerates in China, Chen has reported on financial news and events extensively, including the World Economic Forum. During her time at Phoenix, she interviewed tech leaders, including Kevin Kelly, founding editor of Wired.

“It is an exciting time to join a crypto platform that is leading the growth in global derivatives trading. I have always been an avid investor in crypto and related ventures. As an early investor of BitKeep, Bitget’s sister company, and Asia’s leading decentralized wallet, I have witnessed the brand’s development and growth throughout the years. I am elated to be joining an organization full of driven and intelligent individuals and guiding Bitget to chart even higher growths as the portal that transcends Web2 and Web3, connecting centralized finance (CeFi) and decentralized finance (DeFi), resulting in an expansive bridge to the vast web of crypto,” said Chen.

Chen was named a Global Shaper by the World Economic Forum in 2015. A graduate of the National University of Singapore, Chen will also be pursuing an MBA degree at the Massachusetts Institute of Technology.

About Bitget

Established in 2018, Bitget is one of the world’s leading cryptocurrency exchanges. Currently serving more than 2 million users in more than 50 countries worldwide, Bitget accelerated its mission to promote DeFi in 2021 with a 500-strong workforce spanning more than 20 countries.

Since Bitget’s official launch in the crypto derivatives market in June 2019, the platform has now become one of the world’s largest crypto copy trading and derivatives exchanges and is ranked in the top five globally by CoinMarketCap and CoinGecko for derivatives trading by volume. Bitget’s flagship product, One-Click Copy Trade, has attracted more than 20,000 copy traders, innovating the experience for crypto derivatives traders worldwide.

Adhering closely to its philosophy of “Better trading, better life,” Bitget is committed to providing comprehensive and secure trading solutions to users globally, aiming to be the portal that transcends Web2 and Web3, connecting CeFi and DeFi and resulting in an expansive bridge to the vast web of crypto. 

In September 2021, Bitget announced its sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official esports crypto partner soon after. Partnerships with the leading esports organization Team Spirit and Turkey’s leading and long-standing football club Galatasaray were also announced in early 2022.

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For media queries, contact andrea.leung@bitget.com.