The ecosystem fund was established in cooperation with Core DAO.
Bitget wants to reward projects that can deliver value in the long run.
Crypto
derivatives and copy trading platform, Bitget has announced a strategic
partnership with Core DAO, an organization focused on developing the Satoshi
Plus ecosystem. The collaboration will see the establishment of a $200 million
ecosystem fund to support the growth and development of decentralized
applications (DApps).
Bitget Launches $200 Million
Crypto Fund
The fund
launch comes after the Core DAO network's mainnet launch, built on the Core
Network Layer-1 blockchain, with its first airdrop of CORE tokens claimed by
more than 1.5 million users. In addition, the network has recently integrated with the cross-chain
messaging protocol LayerZero and the permissionless Oracle protocol
Switchboard.
Backed by
strategic partners, such as Bitget and MEXC, the Ecosystem Fund aims to provide
support to early-stage projects for various growth initiatives, including recruitment,
community-building programs, research and development, and marketing.
Gracy Chen, Managing Director of Bitget.
"This
investment is another show of proof of our commitment to supporting blockchain
space from various angles," Gracy Chen, the Managing Director of Bitget,
commented.
"The partnership between Bitget and Core
DAO, through their $200 million ecosystem fund, will pave the way for the
development of decentralized applications on the Core Network Layer-1
blockchain. With their focus on sustainable success and delivering tangible
value to the community, this partnership will advance the principles of
transparency and cross-chain experience, bringing us closer to linking the real
world with the Web3 space," Chen added in an exclusive commentary sent to Finance Magnates.
Besides the $200 million investment, the partnership will also make it possible for Core projects to be listed and create a new Core Trading Zone on Bitget and its connected BitKeep wallet. Bitget will focus on the Core ecosystem fund and its tech efforts, using its security and other growth areas expertise.
Moreover,
Bitget aims to serve as a validator for the Core network and facilitate Core
staking on its platform. With a user base exceeding 8 million, Bitget can
provide staking assistance to the Core DAO ecosystem and ensure adequate
liquidity.
Rich Rines,
an Initial Contributor at Core DAO, highlighted that many grant programs tend to
focus on capturing attention and creating short-term momentum, rather than
nurturing projects that align with the ecosystem's long-term success. The ecosystem
fund with Bitget is designed to change that and reward projects that can
deliver value and maintain success in the long run.
Bitget's Ongoing Efforts
to Promote Web3 Industry
The
collaboration with Core DAO comes after Bitget's recent introduction of the
Web3 Fund, which is a key component of the exchange's continuous endeavors to support
the growth of the Web3 and crypto sectors. Bitget has been proactively
broadening its offerings, concentrating on its 'Go Beyond Derivatives'
approach, which involves partnering with a variety of real-world and Web3
ventures.
Some of
Bitget's latest efforts include partnering with Juventus football club and
entering the Web3 domain by acquiring multiple related projects. Bitget is
dedicated to advancing blockchain adoption by providing a larger audience with
access to decentralized services, subsequently extending its range of products.
"We
strive to support financial innovation in Asia and believe that our platform
can act as a reliable, convenient, and secure link between the worlds of DeFi
and CeFi," Chen commented. "Our
team of analysts has already outlined the criteria for project selection and
will adhere to them strictly."
To boost the
crypto adoption even further, the company acquired BitKeep wallet to enhance
users' Web3 browsing experience and launched a DeFi feature, MegaSwap, for
trading numerous digital assets.
Nevertheless,
it faced controversy as Japan's FSA warned against four crypto exchanges, including Bitget, operating without proper registration in the country.
Crypto
derivatives and copy trading platform, Bitget has announced a strategic
partnership with Core DAO, an organization focused on developing the Satoshi
Plus ecosystem. The collaboration will see the establishment of a $200 million
ecosystem fund to support the growth and development of decentralized
applications (DApps).
Bitget Launches $200 Million
Crypto Fund
The fund
launch comes after the Core DAO network's mainnet launch, built on the Core
Network Layer-1 blockchain, with its first airdrop of CORE tokens claimed by
more than 1.5 million users. In addition, the network has recently integrated with the cross-chain
messaging protocol LayerZero and the permissionless Oracle protocol
Switchboard.
Backed by
strategic partners, such as Bitget and MEXC, the Ecosystem Fund aims to provide
support to early-stage projects for various growth initiatives, including recruitment,
community-building programs, research and development, and marketing.
Gracy Chen, Managing Director of Bitget.
"This
investment is another show of proof of our commitment to supporting blockchain
space from various angles," Gracy Chen, the Managing Director of Bitget,
commented.
"The partnership between Bitget and Core
DAO, through their $200 million ecosystem fund, will pave the way for the
development of decentralized applications on the Core Network Layer-1
blockchain. With their focus on sustainable success and delivering tangible
value to the community, this partnership will advance the principles of
transparency and cross-chain experience, bringing us closer to linking the real
world with the Web3 space," Chen added in an exclusive commentary sent to Finance Magnates.
Besides the $200 million investment, the partnership will also make it possible for Core projects to be listed and create a new Core Trading Zone on Bitget and its connected BitKeep wallet. Bitget will focus on the Core ecosystem fund and its tech efforts, using its security and other growth areas expertise.
Moreover,
Bitget aims to serve as a validator for the Core network and facilitate Core
staking on its platform. With a user base exceeding 8 million, Bitget can
provide staking assistance to the Core DAO ecosystem and ensure adequate
liquidity.
Rich Rines,
an Initial Contributor at Core DAO, highlighted that many grant programs tend to
focus on capturing attention and creating short-term momentum, rather than
nurturing projects that align with the ecosystem's long-term success. The ecosystem
fund with Bitget is designed to change that and reward projects that can
deliver value and maintain success in the long run.
Bitget's Ongoing Efforts
to Promote Web3 Industry
The
collaboration with Core DAO comes after Bitget's recent introduction of the
Web3 Fund, which is a key component of the exchange's continuous endeavors to support
the growth of the Web3 and crypto sectors. Bitget has been proactively
broadening its offerings, concentrating on its 'Go Beyond Derivatives'
approach, which involves partnering with a variety of real-world and Web3
ventures.
Some of
Bitget's latest efforts include partnering with Juventus football club and
entering the Web3 domain by acquiring multiple related projects. Bitget is
dedicated to advancing blockchain adoption by providing a larger audience with
access to decentralized services, subsequently extending its range of products.
"We
strive to support financial innovation in Asia and believe that our platform
can act as a reliable, convenient, and secure link between the worlds of DeFi
and CeFi," Chen commented. "Our
team of analysts has already outlined the criteria for project selection and
will adhere to them strictly."
To boost the
crypto adoption even further, the company acquired BitKeep wallet to enhance
users' Web3 browsing experience and launched a DeFi feature, MegaSwap, for
trading numerous digital assets.
Nevertheless,
it faced controversy as Japan's FSA warned against four crypto exchanges, including Bitget, operating without proper registration in the country.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
From Chat to Stock: xStocks Puts Tokenized U.S. Equities Inside TON Wallet on Telegram
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
