Foresight

World

Bitcoin ETF

Victoria, Seychelles, June 28th, 2024, Chainwire 
Leading Web3 wallet and DeFi platform&nbsp;<a href="https://web3.bitget.com/en" rel="noopener noreferrer nofollow" target="_blank">Bitget Wallet</a>&nbsp;has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes.
Developed by industry experts from prestigious firms with the likes of Binance and Microsoft,&nbsp;<a href="https://tomarket.ai/" rel="noopener noreferrer nofollow" target="_blank">Tomarket</a>&nbsp;is designed to address markets and user needs beyond those already provided for by conventional decentralized exchanges (DEXs). The platform facilitates the trading of Real World Assets (RWA), crypto asset yields swap, crypto points, pre-TGE assets, and other new asset types, thereby potentially enhancing liquidity and value discovery in these sectors.&nbsp;
With an end goal of tapping into the immense trillion-dollar market occupied by these new narratives, Tomarket will first be available to users as a Telegram mini-app when it officially launches in July, providing users with a convenient and user-friendly entry point into this innovative platform.&nbsp;
The year 2024 marks a significant phase of growth for the crypto industry, catalyzed by the Bitcoin halving together with the Bitcoin ETF approval by the SEC. This period of growth also saw the emergence and burgeoning growth of various new asset classes and narratives, such as crypto project points trading, pre-TGE tokens, RWA assets, and interest rates on digital assets. These new assets possess substantial trading potential and demand, yet they face challenges such as poor liquidity and high transaction trust costs. Moreover, the team believes that the current market lacks a comprehensive, one-stop platform to meet the trading needs of these new assets. Tomarket was specifically created to address these challenges and unlock the full potential of these assets.
<blockquote>
 Expressing enthusiasm for this collaboration, Alvin Kan, COO of Bitget Wallet, stated that "Trading has always been at the heart of the crypto industry. Beyond traditional token assets, new asset types such as RWAs and points deserve significant attention."&nbsp;
</blockquote>
<blockquote>
 He continues that Bitget Wallet will remain steadfast in its commitment to addressing the evolving needs of its users: "Through our investment and product collaboration with Tomarket, we aim to explore and develop markets beyond traditional DEXs, driving the growth of new crypto asset trading, thus cementing our dedication to catering to new user needs as they present themselves."&nbsp;
</blockquote>
In a strategic move earlier this year, Bitget Wallet announced the introduction of the Bitget Onchain Layer, an intermediary layer designed to help users navigate the complex Web3 ecosystem. This layer serves as an on-chain extension and a decentralized future of the entire Bitget ecosystem. As the first ecosystem partner of the Bitget Onchain Layer, Tomarket will be deeply integrated into Bitget Wallet. This development will also observe the additional expansion of use cases for BWB, the wallet's own native token, as this strategic partnership with Tomarket marks the beginning of a series of sustained ecosystem growth and user engagement for all Bitget Wallet users.&nbsp;
<h3 id="about-bitget-wallet">About Bitget Wallet</h3>
<a href="https://web3.bitget.com/en/wallet-download?type=1" rel="noopener noreferrer nofollow" target="_blank">Bitget Wallet</a>&nbsp;is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, NFT, DApp, and token earning center. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains.
For more information, users can visit:&nbsp;<a href="https://web3.bitget.com/en" rel="noopener noreferrer nofollow" target="_blank">Website</a>&nbsp;|&nbsp;<a href="https://twitter.com/BitgetWallet" rel="noopener noreferrer nofollow" target="_blank">Twitter</a>&nbsp;|&nbsp;<a href="https://t.me/Bitget_Wallet/" rel="noopener noreferrer nofollow" target="_blank">Telegram</a>&nbsp;|&nbsp;<a href="https://discord.gg/bitget-wallet" rel="noopener noreferrer nofollow" target="_blank">Discord</a> 
<h5>Contact</h5>PR team media.web3@bitget.com 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Bitget Wallet Announces Investment in Trading Platform Tomarket, Targeting Markets Beyond DEXs (28 Jun)

Table of Contents

Chainwire

Other articles published on Jun 28, 2024

MoonBag Lures Away Slothana and Arweave Holders, the Top Crypto Presale in 2024 Stuns with $1 Pre...

Shiba Inu Price Poised For A Massive Rally As It Enter Into Buy Zone

Coinbase Sues SEC and FDIC Over Alleged FOIA Violations and Crypto Industry Exclusion

Crust Network Announces Launch of EthDA Testnet

Forget Bitcoin, 2 Oversold Altcoins To Buy And Build Wealth

Binance To Remove Prime Brokerages Loophole

Join our free newsletter for daily crypto updates!