Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to help with global expansion. The exchange operates in a decentralized manner with no specific headquarters, with regional hubs in strategic markets, and plans to create more regional hubs in the future. The exchange also updated its recruitment plan with a new target of 1,200 employees by the first quarter of 2023, increasing its workforce by an additional 50% from its current size, to better meet user demand and to support the growth of the company.
This new Seychelles registration is governed by the International Business Companies Act 2016. Along with the registration in Seychelles, Bitget has also established regional hubs in the Asian and LATAM markets and plans to strengthen its global presence with more regional hubs such as those in Europe and Africa regions. Over the past few weeks, Bitget has taken a series of initiatives to build trust among users and the crypto industry, including launching the US$5 million Builders Fund and increasing the Size of the Protection Fund at 300 million USD. The stock market is also accelerating its hiring plans, showing no signs of being affected by the recent turmoil.
Bitget, earlier in June this year, originally announced that the company would double its workforce to 1000 employees by the end of 2022. To better meet growing user demand and business development, Bitget has further raised its goal of growing its workforce to 1,200 by the first quarter of 2023. So far, the company has grown from a team from 450 in June 2022 to more than 800 currently. , a growth of 78% in 4 months, and will continue to increase its workforce by another 50% until it reaches the new objective. The team is currently looking for talented engineers and product, marketing and branding team members to deliver the best social trading experience to its users.
Gracy Chen, CEO of Bitget, said “We see Seychelles as a friendly region for the crypto community. We have been working on this recording for several months and are happy to announce the development now. Registration in the Seychelles provides a constructive environment for Bitget, allowing us to unlock collaborations with partners and strengthen banking relationships, as well as our expansion with different partnerships, such as Argentine football legend Lionel Messi and the football club Italian Juventus. With a global footprint, Bitget fully embraces the concept of Web3, allowing the team to work in a decentralized manner without a specific headquarters. We believe this can help us attract talent across borders, as we are hyper-focused on growth and scaling. It is crucial for us to recruit high profile candidates globally and set up regional hubs to simultaneously facilitate local communication and coordination in strategic markets.
Gracy adds, “Our recruitment continues to align with our global expansion and long-term strategy, and we will continue to hire despite the current market sentiment. Skilled and appropriate talents will help Bitget build a safe and reliable platform, which will gain popularity among users in the fiercely competitive industry and ultimately lead to a more reliable and robust platform that better serves the community.
Bitget, established in 2018, is the world’s five largest cryptocurrency exchange with innovative products and social trading services as its core features, currently serving over 8 million users in over 100 countries around the world .
The exchange is committed to providing secure, one-stop-shop trading solutions to users and aims to increase crypto adoption through collaborations with reputable partners including legendary Argentine footballer Lionel Messi, Team Italian football club Juventus, PGL Major’s official crypto esports partner and leader. esports organization Team Spirit.