The token recently received a massive boost after Bitget obtained an El Salvador licence.
With a market cap of over $7.4 billion, BGB has become one of the top exchange tokens.
Bitcoin and meme coins have grabbed headlines in the latest crypto rally. However, one token gained 231% in value over the last 30 days and 813% in the past year. Interestingly, it’s not a meme token but is backed by a crypto exchange – the Bitget token (BGB).
The rise of the Bitget token has been remarkable. It is one of the few tokens that has maintained a winning streak in the last seven days, with a 23.7% increase in value. The exchange-backed token is now trading at a record value of almost $5.3.
The movement of Bitget token (BGB) in last 1 year; Source: Coinmarketcap.com
What Is Bitget Token (BGB)?
Launched in July 2021, the Bitget token is the native utility token of the Bitget exchange, a prominent platform for cryptocurrency derivatives trading.
Similar to other exchange tokens, the Bitget token is designed to enhance user engagement and streamline trading activities. BGB offers a wide range of use cases within the Bitget ecosystem. Holders of BGB can enjoy discounted trading fees, making it a cost-effective option for frequent traders. Additionally, the token grants access to exclusive platform privileges, such as participating in token sales via Launchpad and enjoying priority access to new product features.
BGB also plays a crucial role in Bitget’s broader ecosystem by supporting staking, reward programs, and other promotional activities that foster user loyalty.
Why Is Bitget Token (BGB) Rising?
The latest rise in the value of the Bitget token can be attributed to positive developments concerning the exchange.
The exchange is also awaiting further approval for a digital asset service provider licence from El Salvador’s National Commission of Digital Assets, which would allow it to offer cryptocurrencies beyond Bitcoin.
Additionally, the exchange operates from its base in Seychelles and is strengthening its presence in the European Union. Already licensed in Poland and Lithuania as a virtual asset service provider, the exchange is considering establishing a European base to align its operations with MiCA regulations.
Bitget also re-entered the United Kingdom last month after it restricted services in the country last May to meet local regulations.
What Is Happening with Other Exchange Tokens?
The exchange token model has become so successful that most crypto exchanges now have their native cryptocurrency.
Undoubtedly, the Binance token leads the pack with a market cap of more than $101 billion. Although BNB gained significantly in recent months, its value remained stagnant over the past seven days.
Other centralised crypto exchanges, including OKX, Kucoin, and Gate.io, also have their own native cryptocurrencies, but none are as big as BNB. Following the latest rally, BGB has also positioned itself as one of the top exchange-backed tokens, with a market cap of $7.4 billion.
Top exchange tokens according to market cap; Source: Coingecko
Bitget Token FAQs
How to buy Bitget token?
The best way to buy Bitget tokens is on the Bitget exchange itself. The exchange allows the purchase of its native token with top cryptocurrencies, stablecoins, and even supported fiat channels.
When was the Bitget token launched?
The Bitget token was launched in July 2021. It is Bitget’s native cryptocurrency, offering several utility values to the exchange’s customers.
Is Bitget a good investment?
Bitget is a very volatile cryptocurrency, meaning it might be risky if someone is looking to invest in it. Although the value of the token is rising, there is no certainty it will continue to do so. Any negative sentiment might also push the token to decline.
Bitcoin and meme coins have grabbed headlines in the latest crypto rally. However, one token gained 231% in value over the last 30 days and 813% in the past year. Interestingly, it’s not a meme token but is backed by a crypto exchange – the Bitget token (BGB).
The rise of the Bitget token has been remarkable. It is one of the few tokens that has maintained a winning streak in the last seven days, with a 23.7% increase in value. The exchange-backed token is now trading at a record value of almost $5.3.
The movement of Bitget token (BGB) in last 1 year; Source: Coinmarketcap.com
What Is Bitget Token (BGB)?
Launched in July 2021, the Bitget token is the native utility token of the Bitget exchange, a prominent platform for cryptocurrency derivatives trading.
Similar to other exchange tokens, the Bitget token is designed to enhance user engagement and streamline trading activities. BGB offers a wide range of use cases within the Bitget ecosystem. Holders of BGB can enjoy discounted trading fees, making it a cost-effective option for frequent traders. Additionally, the token grants access to exclusive platform privileges, such as participating in token sales via Launchpad and enjoying priority access to new product features.
BGB also plays a crucial role in Bitget’s broader ecosystem by supporting staking, reward programs, and other promotional activities that foster user loyalty.
Why Is Bitget Token (BGB) Rising?
The latest rise in the value of the Bitget token can be attributed to positive developments concerning the exchange.
The exchange is also awaiting further approval for a digital asset service provider licence from El Salvador’s National Commission of Digital Assets, which would allow it to offer cryptocurrencies beyond Bitcoin.
Additionally, the exchange operates from its base in Seychelles and is strengthening its presence in the European Union. Already licensed in Poland and Lithuania as a virtual asset service provider, the exchange is considering establishing a European base to align its operations with MiCA regulations.
Bitget also re-entered the United Kingdom last month after it restricted services in the country last May to meet local regulations.
What Is Happening with Other Exchange Tokens?
The exchange token model has become so successful that most crypto exchanges now have their native cryptocurrency.
Undoubtedly, the Binance token leads the pack with a market cap of more than $101 billion. Although BNB gained significantly in recent months, its value remained stagnant over the past seven days.
Other centralised crypto exchanges, including OKX, Kucoin, and Gate.io, also have their own native cryptocurrencies, but none are as big as BNB. Following the latest rally, BGB has also positioned itself as one of the top exchange-backed tokens, with a market cap of $7.4 billion.
Top exchange tokens according to market cap; Source: Coingecko
Bitget Token FAQs
How to buy Bitget token?
The best way to buy Bitget tokens is on the Bitget exchange itself. The exchange allows the purchase of its native token with top cryptocurrencies, stablecoins, and even supported fiat channels.
When was the Bitget token launched?
The Bitget token was launched in July 2021. It is Bitget’s native cryptocurrency, offering several utility values to the exchange’s customers.
Is Bitget a good investment?
Bitget is a very volatile cryptocurrency, meaning it might be risky if someone is looking to invest in it. Although the value of the token is rising, there is no certainty it will continue to do so. Any negative sentiment might also push the token to decline.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
Retail Traders Get Tokenized US IPO Allocations at Offer Price as Payward Expands xStocks
Featured Videos
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The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
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Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
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This panel explores the key insights and emerging trends shaping modern trading behavior, examining how user expectations are evolving across global markets and what these shifts mean for industry participants.
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Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
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Attendees will walk away with:
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Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
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Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
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Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
Singapore's capital infrastructure is wider than its reputation for stability suggests.
Sovereign backing from Temasek and GIC, a growing family office network, sector-specialized venture funds, and a public market pathway through the Singapore Exchange, the city-state supports capital formation at every stage of the lifecycle.
Held in partnership with 8Circle, this session gathers practitioners across the capital stack to examine how Singapore functions as both an investment and an exit destination.
Attendees will walk away with:
Understanding of what makes SGX a credible listing pathway for high-growth companies in 2026
Insight into alternative exit channels: private secondary markets, digital marketplace exits, and strategic acquisitions
Perspective on what founders and capital allocators should be doing at each stage to preserve exit optionality
FM Daily Brief – 10 June 2026
FM Daily Brief – 10 June 2026
FM Daily Brief – 10 June 2026
FM Daily Brief – 10 June 2026
FM Daily Brief – 10 June 2026
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Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
Today’s Wednesday, the 10th of June 2026, and these are our main stories: Bybit’s zero-fee stock CFD push, prop trading access to SpaceX shares, and TradeStation’s European expansion into US markets.
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Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
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Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility
Brokers and providers moved from the noise phase to treating AI tools as a core product question, with implications on anything from hiring priorities to acquisition strategy.
This session gathers retail brokers, platform builders, and AI tool providers to examine how LLMs change affect client trust, results, and risk.
Attendees will walk away with:
A first-hand account of where AI-driven trading tools generate real client value
Insight into how institutional adoption is raising client expectations and what brokers need to do to keep pace
Clarity on the liability question: when an AI-driven recommendation leads to a bad trade, where does responsibility