Bitget extends its global reach to the Middle East, targeting UAE and Bahrain.
The company plans to hire 60 employees for the Middle East expansion.
The Middle
East openly expresses its desire to become a new cryptocurrency hub. Leading
the way are crypto-friendly nations like the United Arab Emirates (UAE) and
Bahrain. As a result, more exchanges are deciding to enter the local market. Bitget
has become the latest one to do so.
The company
has already initiated its operations in Dubai downtown by hiring 60 new people
for mid and back-office roles.
Bitget Sets Sail for the
Middle East
According
to the data related to MENA's crypto adoption, the region stands as the fastest-expanding area in the crypto industry, accounting for 9.2%
of global transactions during 2021-2022. The UAE alone witnessed a staggering
400% surge in registered crypto businesses within two years, thereby boosting
global digital asset trading by 10%.
Concurrently,
the region observed a threefold rise in blockchain-related educational programs,
contributing to 8% of the mining hash rates. All of the above factors have led
Bitget to decide to enter the local market and establish its office in Dubai,
one of the emirates of the UAE.
“We hope to
scale our Middle East team rapidly to support business growth, with between 30
to 60 hires over the next 2 years or more across the Middle East region,” Gracy
Chen, the Managing Director of Bitget, commented on the development.
According
to Bitget, new hiring will include various mid-office and back-office functions.
Chen added that the crypto exchange is considering selecting Dubai as an
operational hub for the Middle East market. Bitget is also dedicated to
securing necessary licenses and regulatory approvals for its expansion, thereby
facilitating the opening of regional offices.
Crypto Companies Move to Dubai
Bitget is not the only cryptocurrency company that has decided to launch its operations and establish a physical office in the UAE. Just under a month ago, another cryptocurrency exchange, Bybit, announced that it had obtained local licenses in Dubai to operate in digital assets. Previously, it had moved its global headquarters to the emirate.
At the same time, one of the largest cryptocurrency exchanges by volume, OKX, obtained a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA). Like Bitget, OKX plans to increase its employment in the region.
Binance is also looking towards the Middle East with increasing hopes. Although the local company, Binance Dubai has been operating for some time, it could become the main focus of the company's development in the face of regulatory challenges in Europe and the USA.
According to Alex Chehade, the General Manager of Binance Dubai, the UAE could become the primary destination for cryptocurrency businesses seeking favorable and transparent regulations.
The local market might have a huge potential when it comes to a number of retail investors interested in trading. This is confirmed by data from the FX/CFD market, where the number of active investors is rising.
Source: Investment Trends
Bitget Scales Globally
Bitget's
recent move to the Middle East is part of its ongoing global scaling. Prior to
this, Bitget registered as a Virtual Asset Service Provider (VASP) in Poland
and acquired a similar crypto registration in Lithuania. Following its launch
in Turkey earlier this year, Bitget now operates a fully localized Turkish
website, Bitget TR, serving local users.
Furthermore,
Bitget has responded to the increasing need for digital lending solutions by
introducing a new product called 'Crypto Loans.' This offering aims to cater to
users who have been dissatisfied with the credit options provided by
conventional banks.
In addition
to the launch of Crypto Loans, Bitget has forged a strategic partnership with
Fetch.ai, a blockchain platform specializing in artificial intelligence (AI).
To support the development and expansion of the Fetch.ai ecosystem, Bitget has
committed $10 million. This move aligns with the trend observed in numerous
financial institutions capitalizing on the recent surge in the popularity of
AI-powered language models like ChatGPT.
Bitget,
founded in 2018, is a cryptocurrency exchange providing copy trading Trading
services to over 8 million users across more than 100 countries.
The Middle
East openly expresses its desire to become a new cryptocurrency hub. Leading
the way are crypto-friendly nations like the United Arab Emirates (UAE) and
Bahrain. As a result, more exchanges are deciding to enter the local market. Bitget
has become the latest one to do so.
The company
has already initiated its operations in Dubai downtown by hiring 60 new people
for mid and back-office roles.
Bitget Sets Sail for the
Middle East
According
to the data related to MENA's crypto adoption, the region stands as the fastest-expanding area in the crypto industry, accounting for 9.2%
of global transactions during 2021-2022. The UAE alone witnessed a staggering
400% surge in registered crypto businesses within two years, thereby boosting
global digital asset trading by 10%.
Concurrently,
the region observed a threefold rise in blockchain-related educational programs,
contributing to 8% of the mining hash rates. All of the above factors have led
Bitget to decide to enter the local market and establish its office in Dubai,
one of the emirates of the UAE.
“We hope to
scale our Middle East team rapidly to support business growth, with between 30
to 60 hires over the next 2 years or more across the Middle East region,” Gracy
Chen, the Managing Director of Bitget, commented on the development.
According
to Bitget, new hiring will include various mid-office and back-office functions.
Chen added that the crypto exchange is considering selecting Dubai as an
operational hub for the Middle East market. Bitget is also dedicated to
securing necessary licenses and regulatory approvals for its expansion, thereby
facilitating the opening of regional offices.
Crypto Companies Move to Dubai
Bitget is not the only cryptocurrency company that has decided to launch its operations and establish a physical office in the UAE. Just under a month ago, another cryptocurrency exchange, Bybit, announced that it had obtained local licenses in Dubai to operate in digital assets. Previously, it had moved its global headquarters to the emirate.
At the same time, one of the largest cryptocurrency exchanges by volume, OKX, obtained a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA). Like Bitget, OKX plans to increase its employment in the region.
Binance is also looking towards the Middle East with increasing hopes. Although the local company, Binance Dubai has been operating for some time, it could become the main focus of the company's development in the face of regulatory challenges in Europe and the USA.
According to Alex Chehade, the General Manager of Binance Dubai, the UAE could become the primary destination for cryptocurrency businesses seeking favorable and transparent regulations.
The local market might have a huge potential when it comes to a number of retail investors interested in trading. This is confirmed by data from the FX/CFD market, where the number of active investors is rising.
Source: Investment Trends
Bitget Scales Globally
Bitget's
recent move to the Middle East is part of its ongoing global scaling. Prior to
this, Bitget registered as a Virtual Asset Service Provider (VASP) in Poland
and acquired a similar crypto registration in Lithuania. Following its launch
in Turkey earlier this year, Bitget now operates a fully localized Turkish
website, Bitget TR, serving local users.
Furthermore,
Bitget has responded to the increasing need for digital lending solutions by
introducing a new product called 'Crypto Loans.' This offering aims to cater to
users who have been dissatisfied with the credit options provided by
conventional banks.
In addition
to the launch of Crypto Loans, Bitget has forged a strategic partnership with
Fetch.ai, a blockchain platform specializing in artificial intelligence (AI).
To support the development and expansion of the Fetch.ai ecosystem, Bitget has
committed $10 million. This move aligns with the trend observed in numerous
financial institutions capitalizing on the recent surge in the popularity of
AI-powered language models like ChatGPT.
Bitget,
founded in 2018, is a cryptocurrency exchange providing copy trading Trading
services to over 8 million users across more than 100 countries.
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.
‘Retired’ and Pardoned, CZ Pivots to Sovereign Tokenization Advisor for a Dozen Nations
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
