<div class="cryptonews"> 
 <p class="is-style-lead">Derivatives exchange Bitget has announced the launch of its new $100 million fund, Bitget EmpowerX Fund.</p> 
 <p>The fund will enhance Bitget’s <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a> by investing in regional exchanges, data analytics firms, media organizations, and other opportunities.</p> 
 <p>Bitget EmpowerX Fund will operate with a capital base of $100 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> to support Bitget’s expansion and vision. The fund’s main goal will be to increase Bitget’s long-term impact in the digital asset space and its <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a>. </p> 
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 </div> 
 <h2 class="wp-block-heading" id="bitget-expansion-in-the-crypto-industry">Bitget expansion in the crypto industry</h2> 
 <p>Bitget is a prominent player in the cryptocurrency industry, specializing in futures and copy trading services, established in 2018. It serves over 8 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> users across over 100 nations and regions. The exchange has gained recognition as a top 6 futures trading platform and a 12th spot trading platform, per CoinMarketCap.</p> 
 <p>Bitget has established a Builders’ Fund worth $5 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a>, demonstrating its commitment to supporting the growth and development of the crypto industry. Additionally, Bitget has increased the size of its Protection Fund from $200 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> to $300 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a>, providing users with an added layer of security.</p> 
 <p>Bitget’s plans for expansion include setting up regional centers in Europe and Africa. By establishing a presence in these regions, Bitget aims to cater to the growing demand for cryptocurrency trading and extend its services to a broader user base. The exchange has ambitious recruitment plans to increase its workforce to 1200 employees by the first quarter of 2023</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitget-launches-100-million-fund-to-boost-its-ecosystem-tbt62464.html">https://thebittimes.com/bitget-launches-100-million-fund-to-boost-its-ecosystem-tbt62464.html</a></p>

Bitget launches $100 million fund to boost its ecosystem

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