Latest Bitget Token (BGB) News Update

By CMC AI
22 February 2026 12:23AM (UTC+0)

What is the latest news on BGB?

TLDR

BGB is expanding its reach beyond exchange fees into regulated markets and on-chain settlement. Here are the latest news:

  1. BGB Lists on Kraken (30 January 2026) – First major U.S. regulated exchange listing, boosting liquidity and institutional access.

  2. Morph Integrates Chainlink CCIP (4 February 2026) – Establishes a secure, exclusive cross-chain framework for BGB transfers.

  3. Bitget Adjusts On-chain Earn (12 February 2026) – Switches from compound to simple interest for more flexible asset management.

Deep Dive

1. BGB Lists on Kraken (30 January 2026)

Overview: Bitget Token (BGB) began trading on Kraken, marking its debut on a major U.S.-regulated exchange. This listing is seen as a compliance milestone, opening the token to a broader, more institutional audience and enhancing its liquidity profile. What this means: This is bullish for BGB because it validates the token's regulatory standing and could attract new capital flows from users who prefer compliant platforms. It also strengthens BGB's position as a bridge between centralized and decentralized finance. (CoinMarketCap)

Overview: Morph, the Layer 2 blockchain where BGB serves as the gas and governance token, integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP). This makes CCIP the exclusive solution for all cross-chain movement of BGB, aiming to provide a secure, standardized framework for payments. What this means: This is neutral-to-bullish for BGB. It reduces the security risks associated with fragmented bridges, which could encourage enterprise adoption of Morph's payment infrastructure. However, the long-term impact depends on actual network usage and adoption growth. (TradingView)

3. Bitget Adjusts On-chain Earn (12 February 2026)

Overview: Bitget announced it will remove the compound interest feature from its On-chain Earn product, switching to a simple interest model effective 27 February 2026. The change is framed as a move to offer more flexible asset management. What this means: This is a neutral operational update. While it simplifies the product, it may slightly reduce potential passive yields for long-term stakers, though the core APR remains unchanged. It reflects the platform's ongoing product refinement. (Bitget)

Conclusion

BGB's trajectory is defined by strategic expansion into regulated venues and deeper integration into secure on-chain payment infrastructure. Will the increased institutional access from the Kraken listing translate into sustained demand for its dual utility across trading and settlement?

What is the latest update in BGB’s codebase?

TLDR

Recent BGB updates focus on expanding its utility beyond the exchange into a broader blockchain ecosystem.

  1. CCIP Token Standard Upgrade (4 February 2026) – Migrates BGB on Morph Chain to a more secure, unified cross-chain standard.

  2. Q2 2025 Token Burn Completion (15 July 2025) – Permanently removed over 30 million BGB from circulation to reduce supply.

  3. Strategic Morph Chain Partnership (3 September 2025) – Transformed BGB into the gas and governance token for the Morph Layer 2 blockchain.

Deep Dive

1. CCIP Token Standard Upgrade (4 February 2026)

Overview: Bitget temporarily suspended BGB deposits and withdrawals on the Morph Chain to execute a protocol upgrade. This migrates the existing "Bridged BGB" to a new CCIP (Cross-Chain Interoperability Protocol) standard. For users, this means smoother and more secure cross-chain movements of BGB in the future.

The upgrade aims to unify BGB's technical standard across different blockchains, enhancing security and paving the way for advanced features like on-chain governance and staking directly within the Morph ecosystem. No user action was required, and the upgrade did not affect BGB's total supply or individual balances.

What this means: This is bullish for BGB because it makes the token more robust and versatile for use across multiple blockchain networks, which could increase its utility and demand. It directly improves the security and efficiency of moving BGB. (Source)

2. Q2 2025 Token Burn Completion (15 July 2025)

Overview: Bitget completed its scheduled quarterly burn, permanently destroying 30,001,053.1 BGB tokens. This action directly reduces the total and circulating supply of the token, applying deflationary pressure.

The burn mechanism is partly tied to platform usage, with tokens used for gas fees in Bitget Wallet's GetGas service contributing to the total. A significant portion of the burn comes from allocating 20% of Bitget's quarterly profits to buy back and destroy BGB.

What this means: This is bullish for BGB because reducing the available supply, while demand remains constant or grows, can create upward pressure on the token's price over the long term. It demonstrates a commitment to the token's scarcity. (Source)

3. Strategic Morph Chain Partnership (3 September 2025)

Overview: Bitget transferred 440 million BGB tokens to the Morph Foundation, fundamentally evolving the token's role. BGB became the native gas (for transaction fees) and governance token for the Morph Layer 2 blockchain.

Of the transferred tokens, 220 million were burned in a single event, and the remaining 220 million were locked for gradual release to fund ecosystem development. This move integrates BGB into a payment-optimized blockchain with over 120 million potential users.

What this means: This is extremely bullish for BGB because it transforms the token from a simple exchange utility asset into a fundamental piece of blockchain infrastructure. This drastically expands its use cases and potential demand drivers beyond the Bitget platform. (Source)

Conclusion

BGB's development trajectory is clearly pivoting from a centralized exchange token to a multi-chain utility asset, with critical upgrades enhancing its security and core role in the Morph ecosystem. How will the adoption of Morph's Layer 2 influence the velocity and demand for BGB in the coming quarters?

What is next on BGB’s roadmap?

TLDR

BGB's development continues with these milestones:

  1. CCIP Upgrade Completion (February 2026) – Finalizing a secure cross-chain standard for BGB on the Morph network to enhance interoperability.

  2. Next Quarterly Token Burn (Q1 2026) – Executing the next deflationary burn, permanently removing BGB from circulation based on platform usage.

  3. Morph Ecosystem Integration (Ongoing) – Expanding BGB's utility as the native gas and governance token for the Morph Layer 2 payment chain.

Deep Dive

1. CCIP Upgrade Completion (February 2026)

Overview: Bitget is supporting a protocol upgrade that migrates Bridged BGB on the Morph Chain to a new standard secured by Chainlink's Cross-Chain Interoperability Protocol (CCIP) (Bitget). This upgrade, which began on 4 February 2026, temporarily suspends deposits and withdrawals on Morph. Its purpose is to unify BGB standards across chains, provide institutional-grade security for cross-chain movements, and lay the groundwork for advanced payment and settlement use cases. No user action is required.

What this means: This is bullish for BGB because it directly addresses a major hurdle for mainstream adoption—secure and reliable cross-chain asset movement. By leveraging Chainlink's audited infrastructure, it reduces counterparty risk and could make BGB more attractive for enterprise-grade financial applications on Morph.

2. Next Quarterly Token Burn (Q1 2026)

Overview: A core component of BGB's tokenomics is its quarterly buyback and burn program. Bitget allocates 20% of its quarterly profits from exchange and wallet operations to buy back and permanently destroy BGB tokens (Bitget). The most recent confirmed burn was for Q2 2025, which removed over 30 million BGB. The next burn, for Q4 2025 or Q1 2026, will follow the same mechanism, directly tying token scarcity to the platform's financial performance.

What this means: This is bullish for BGB because it creates a predictable, deflationary pressure on the supply. As Bitget's trading volume and profitability grow—it reported $750 billion in H1 2025 volume—the amount of BGB removed from circulation could increase, potentially supporting its value over the long term if demand remains steady.

3. Morph Ecosystem Integration (Ongoing)

Overview: Following a strategic partnership announced in September 2025, BGB's development roadmap is now overseen by the Morph Foundation (Bitget). BGB has become the gas and governance token for the Morph blockchain, a payments-focused Layer 2. The Foundation burned 220 million BGB at the start and will unlock 2% of the remaining 220 million monthly for ecosystem incentives. The long-term goal is to reduce the total BGB supply to 100 million through burns linked to Morph network activity.

What this means: This is neutral-to-bullish for BGB, with significant long-term implications. It transforms BGB from a pure exchange utility token into a fundamental piece of decentralized infrastructure. Success depends on Morph's adoption as a payment layer; if it grows, demand for BGB for gas and governance could surge. However, the monthly unlocks add a layer of supply inflation that the burn mechanism must outpace.

Conclusion

BGB's roadmap is strategically pivoting from centralized exchange perks to becoming the foundational asset for the Morph payment ecosystem, backed by a rigorous deflationary burn model. The immediate focus is on completing its secure cross-chain upgrade, while its long-term value will be dictated by Morph's adoption as a consumer finance layer. Will BGB's new on-chain utility drive sufficient demand to offset its scheduled supply releases?

What are people saying about BGB?

TLDR

BGB chatter is a mix of bullish utility expansion and wary glances at whale concentration. Here’s what’s trending:

  1. The Morph Chain partnership is seen as a game-changer, expanding BGB's utility beyond the exchange.

  2. The recent Kraken listing is hailed as a major credibility boost, opening doors to new markets.

  3. Aggressive token burns and deflationary mechanics are a primary source of long-term optimism.

  4. Some traders express caution, citing high supply concentration as a key risk.

Deep Dive

1. @Ecrypto_VN: BGB's Ecosystem Drives Real Utility Demand bullish

"TẠI SAO TÔI LẠI GOM $BGB LÚC NÀY? HỆ SINH THÁI CỦA SỰ TOÀN NĂNG!... Nhu cầu sử dụng thực tế (Utility) đang tăng theo cấp số nhân." – @Ecrypto_VN (14.6K followers · 21 February 2026 15:28 UTC) View original post What this means: This is bullish for BGB because it frames demand around tangible ecosystem growth—Bitget Onchain, TradFi volume, and zero-fee stock trading—rather than speculative hype, suggesting a more sustainable value foundation.

2. @thenry002: Kraken Listing Signals Maturity and Upside bullish

"Kraken has officially listed Bitget Token ($BGB), marking a major milestone... this is a bullish signal." – @thenry002 (2.9K followers · 31 January 2026 13:03 UTC) View original post What this means: This is bullish for BGB because a listing on a regulated, top-tier exchange like Kraken enhances institutional and retail access, improves liquidity, and serves as a strong sentiment catalyst for future growth.

3. @bitget: Long-Term Forecasts Heat Up on Burns and Growth bullish

"BGB Buzz: $6, then $36, maybe even $100? 👀 With 860M tokens burned and Bitget booming, long-term forecasts are heating up." – @bitget (4.5M followers · 18 July 2025 06:25 UTC) View original post What this means: This is bullish for BGB because it highlights the core investment thesis: a combination of aggressive supply reduction through burns and platform growth directly underpins optimistic long-term price models.

4. @AMBCrypto: Whale Concentration Poses a Volatility Risk bearish

"A major risk is centralization:... 72% of BGB’s supply was held in just 10 wallets... This concentration raises concerns about price manipulation." – AMBCrypto (3 September 2025) View original post What this means: This is bearish for BGB because extreme supply concentration makes the token vulnerable to large, coordinated sell-offs by a few holders, which could trigger sharp price declines and increase volatility risk.

Conclusion

The consensus on BGB is bullish, driven by fundamental expansions like the Morph Chain utility and Kraken listing, alongside a robust deflationary burn model. However, this optimism is tempered by acknowledged risks, primarily token supply centralization. Watch for updates on Morph Chain integration progress and on-chain activity metrics to gauge if utility-driven demand is materializing as projected.

CMC AI can make mistakes. Not financial advice.