
WuBlockchain Interviews BitMart's New CEO Nenter (Nathan) Chow: Technological Innovation, Global Expansion, and Community Empowerment
Mahe, Seychelles, May 11, 2025 (GLOBE NEWSWIRE) -- In an exclusive interview conducted by WuBlockchain, one of the cryptocurrency industry's leading media platforms, BitMart's newly appointed CEO, Nenter (Nathan) Chow, shares the key factors behind his transition from traditional finance to Web3, and how his background strengthens BitMart's core competitiveness. He also outlines the platform's strategic plans in technological innovation, global market expansion, and community building, while offering insights into emerging trends at the intersection of AI and blockchain.
With over 17 years of experience in traditional finance, Chow was motivated to transition to the Web3 space due to a strong belief in the transformative potential of decentralized technologies to reshape global financial systems. Having spent years in investment banking at institutions like JP Morgan and Mitsubishi UFJ, Chow observed both the strengths and limitations of traditional finance, including inefficiencies in cross-border transactions and barriers to financial inclusion. Web3, with its foundation in blockchain, provided a decentralized, transparent, and accessible alternative that empowered individuals and communities worldwide. His transition was further supported by his experience in leveraged finance, M&A, and debt capital markets, which provided a deep understanding of capital flows and institutional needs, critical for scaling Web3 adoption. Joining Animoca Ventures gave Chow the opportunity to immerse himself in the Web3 space, forge connections with innovators and governments, and now, as BitMart's CEO, he aims to leverage his expertise to build a platform that acts as a gateway to this new financial frontier.
Chow's previous role as a partner at Animoca Ventures also significantly influenced his strategic vision for BitMart's future development. At Animoca, he led global expansion efforts, built relationships with top project founders and investors, and secured premium deal allocations, such as being one of the only Asian venture funds on Monad's cap table. This experience underscored the value of bridging regional ecosystems, particularly between Asia and the West, to unlock unique opportunities. For BitMart, Chow envisions a platform that facilitates not only trading but also serves as a cornerstone of the Web3 ecosystem. His investment background guides his strategy of fostering innovation through strategic partnerships, including collaborations with Paxos and Banxa, and supporting emerging projects via the platform's Launchpad. Furthermore, Chow's work with Web3 support and accelerator programs in the MENA region reinforced the power of collaborating with governments and accelerators to drive adoption, positioning BitMart as a trusted partner for both institutional and retail users.
In discussing BitMart's positioning in today's highly competitive exchange market, Chow emphasized that BitMart stands out due to its global, user-centric approach. Serving over 10 million users across 200 regions, BitMart's core competitive advantages lie in its robust security framework, technological innovation, and localized engagement. BitMart's security, highlighted by its multi-layered defense system and partnerships with firms like Fireblocks and Cobo, is critical in maintaining trust in a market facing heightened scrutiny. BitMart differentiates itself through empowering users, notably with its 'Stake to Vote' mechanism, where users can stake BMX tokens to influence token listings, turning them into stakeholders. Additionally, BitMart's third-generation trading system, capable of processing 80,000 orders per second with a 2-millisecond latency, sets an industry standard for speed and reliability. With support for 90 fiat currencies and 11 languages, BitMart ensures local relevance across diverse regions such as the EU, MENA, and LATAM, combining global reach with tailored experiences.
Looking toward BitMart's strategic goals for the next phase, Chow highlighted three key priorities: enhancing technological innovation, expanding global reach, and empowering communities. The platform is prioritizing AI integration and blockchain convergence, planning to roll out smart analytics and automated tools in 2025. BitMart also aims to strengthen its presence in both regulatory-mature markets, such as the EU, and high-growth regions like MENA and LATAM, leveraging localized strategies and partnerships. Additionally, BitMart is committed to transforming users into active stakeholders through initiatives like the decentralized wallet strategy, set to launch in Q3 2025, and the 'Stake to Vote' program, aligning with its mission to build a sustainable and inclusive crypto ecosystem.
In terms of BitMart's latest global growth strategy, Chow explained that initiatives like the 'Slippage Protection Program' and the 'Global Community Partner Program' reflect the platform's commitment to empowering users and promoting community participation. The Slippage Protection Program compensates users within one hour for slippage exceeding 0.05%, reinforcing BitMart's position as a user-first platform that values transparency and reliability. Meanwhile, the Global Community Partner Program encourages decentralized engagement by empowering local ambassadors to host events and share insights. This initiative strengthens BitMart's global-local balance and elevates its brand as a trusted, innovative exchange.
Chow also noted that BitMart's Slippage Protection Program stands apart from similar mechanisms in the market due to its speed, transparency, and user-centric design. Unlike other programs that may involve delays or complex processes, BitMart's program compensates users quickly and efficiently, ensuring immediate relief for slippage exceeding 0.05%. The program's seamless integration with BitMart's third-generation trading system allows for real-time monitoring and rapid resolution of slippage issues, setting a new standard for trust in the trading environment.
The launch of the Elite Trader Program was another significant initiative designed to attract top traders. The program offers substantial incentives, including a 50% share of followers' profits, making it one of the most lucrative in the industry. BitMart attracts top traders by providing advanced tools such as its third-generation trading system, which ensures low-latency, high-throughput trading, as well as exclusive benefits like access to premium market insights and personalized support.
Chow also discussed the delicate balance BitMart maintains between decentralized community building and a consistent brand image. Through programs like the Global Community Partner Program, BitMart empowers local ambassadors to engage with users while ensuring alignment with core values of security, transparency, and innovation. Regular training and clear communication guidelines help maintain brand consistency across diverse markets, while initiatives like 'Stake to Vote' further engage the community and reinforce BitMart's user-centric approach.
Drawing from his experience with Web3 support and accelerator programs in the MENA region, Chow offered insights into the differences in Web3 ecosystem development across global regions. In MENA, government-backed initiatives prioritize institutional integration and public-private partnerships, providing fertile ground for Web3 innovation. In contrast, regions like North America and Asia rely more heavily on private sector innovation, with ecosystems built around venture capital and grassroots projects. These regional insights inform BitMart's global strategy, allowing the platform to engage with governments in MENA, leverage venture capital networks in the West, and tap into Asia's vibrant community for adoption.
Chow expressed his strong belief in the convergence of AI and blockchain technology as a transformative force for finance, enhancing efficiency, transparency, and personalization. BitMart is actively exploring this convergence, with plans to roll out AI-powered smart analytics, automated trading tools, and personalized investment strategies in 2025. BitMart's commitment to these technologies aims to position it as an industry leader in delivering intelligent, user-centric solutions for the Web3 ecosystem.
Finally, Chow provided his perspective on the current trends in the broader cryptocurrency market. He pointed out the increasing adoption of stablecoins, the tokenization of real-world assets, and the rise of AI-blockchain integration as key developments to watch. BitMart is focused on capitalizing on these trends by advancing its technological capabilities, expanding its global footprint, and fostering community-driven initiatives, ensuring it remains at the forefront of the cryptocurrency industry.
This interview was conducted by WuBlockchain. Read the full article here: https://www.wublockchain.xyz/index.php?m=content&c=index&a=show&catid=35&id=1320
About BitMart
BitMart is a premier global digital asset trading platform with more than 10 million users worldwide. Consistently ranked among the top crypto exchanges on CoinGecko, BitMart offers over 1,700 trading pairs with competitive fees. Committed to continuous innovation and financial inclusivity, BitMart empowers users globally to trade seamlessly. Learn more about BitMart at Website, follow their X (Twitter), or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.
Disclaimer:
The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information.
All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. BitMart does not provide any investment, legal or tax advice.
Chenkai chenkai.ni at bitmart.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
33 minutes ago
- Bloomberg
World Bank to Restart Uganda Lending After Halt Over LGBTQ Law
The World Bank has agreed to restart lending Uganda after it suspended loans to the East African country following its enactment of an anti-LGBTQ law in 2023. 'The World Bank worked with the government and other stakeholders in the country to introduce, implement, and test measures that prevent discrimination in World Bank-funded projects.' a spokesperson for the Washington-based lender said in an emailed response to Bloomberg's questions Wednesday. 'We have now determined the mitigation measures rolled out over the last several months in all ongoing projects in Uganda to be satisfactory.'


News24
3 hours ago
- News24
Five key takeaways from Safa's financial statements presented in Parliament
Safa is technically insolvent, with liabilities exceeding assets by R141 million and a loss of R5.4 million for the year ended June 2024. The football association's officials were summoned to Parliament to explain their dire finances. The turnaround strategy includes implementing club licensing fees and registration fees for players and officials. On Tuesday, Safa laid bare its depressing audited annual financial statements before the sport, arts and culture portfolio committee in Parliament in Cape Town. The Safa delegation, led by its president Danny Jordaan, CEO Lydia Monyepao and chief financial officer Gronie Hluyo, revealed the association was technically insolvent and was facing a bleak future if it could not turn its finances around. Here are five takeaways from Safa's presentation. Safa is still technically insolvent The cash-strapped Safa reported an operating loss of R5.4 million for the year ended 30 June 2024. The association attributed the losses to a lack of funding for junior national teams, preparation costs for Banyana Banyana's 2023 Fifa Women's World Cup and Bafana Bafana's Afcon participation. More concerning is that Safa's liabilities exceed its assets by R141.2 million, which has created cash flow problems. Safa annual financial statement No bonus for Amajita's Under-20 Afcon-winning coach Despite leading Amajita to the Under-20 continental title last month, Monyepao said head coach Raymond Mdaka would not get a bonus for his monumental achievement. Last month, the former Safa technical director, Walter Steenbok, revealed Mdaka was on a one-year contract and earning R25 000 monthly. However, Monyepao refused to disclose Mdaka's salary when committee member Makashule Gana asked her to confirm Steenbok's claims. 'You are going to disclose,' said Gana, who was supported by committee chairperson Joe McGluwa. 'You must respond to that question and you are going to respond to it,' asserted McGluwa. 'It's not true,' Monyepao insisted. Monyepao said Mdaka earned more than R30 000 but not more than R50 000. She confirmed that Bafana head coach Hugo Broos earned more than R1 million a month. Monyepao also confirmed that Amajita travelled by bus for more than 15 hours to the tournament in Mozambique. Financial turnaround strategy Safa is implementing a club licensing and membership programme that will see its clubs pay a licence fee of between R300 and R1 million. All the players, coaches and officials will be required to register and pay a fee ranging from R20 to R5 000. 'The expected revenue to be generated in the first year from this programme is R17.8 million (next year) and it will grow to more than R50 million in 2030. 'There is a possibility of implementing this programme in this financial year and, if this materialises, an estimated revenue of R10 million will be generated,' according to the report. These amounts do not include the PSL clubs, which may add another R10 million in the first year, growing to R30 million by 2030. READ: Middendorp's open letter to PSL and Safa: 'NFD has lost integrity; please act' 'This programme will also require all the local football associations and regional football associations, including their executive members, to register. This will generate an additional R2.5 million for the association.' Safa added in the national executive committee report that these measures were part of the association's efforts to improve its dire financial position. The association also bemoaned that its junior national teams did not have sponsors. Safa added that it expected Bafana and Banyana to bring in a total of about R250 million if they qualified for their respective World Cups and Afcon tournaments. Safa wants a share of PSL revenue Safa finance chief Hluyo said the association wanted a share of the PSL's revenue. Danny Jordaan's U-turn After winning his third but controversy-marred term in June 2022, Jordaan said then that he would not seek another term. But it seems that he has had a change of heart and wants to cling to power. Rise Mzansi MP Gana asked Jordaan whether he would avail himself to serve another four-year when his current third term ended next year. Jordaan, who was first elected Safa president in September 2013, was non-committal. Pushed by Gana, Jordaan said he served at the mercy of the Safa members. Asked if he would stand again for a fourth term, Jordaan said: 'I don't know if they will nominate me or not. The nominations process is not yet open.' Pressed further to answer yes or no, Jordaan insisted: 'I don't know.' Jordaan was reminded of what his said in June 2022 shortly after his re-election. 'This is my last term,' Jordaan said three years. On Tuesday, Jordaan said 'did I say that', when asked whether he was reneging on his statement. 'Yes, you did,' charged Gana.


News24
4 hours ago
- News24
Setback for casual workers as court rules forum is not a union
The Simunye Workers Forum (SWF) has lost its bid to register as an official trade union, preventing its 6,600 mainly casual worker members from access to formal representation in disputes. The Labour Court of Appeal ruled that the forum's non-hierarchical approach with no permanent office bearers fails to comply with the union registration requirements of the Labour Relations Act. The court said SWF can amend its constitution and reapply for registration. For more financial news, go to the News24 Business front page. In a blow to the Simunye Workers Forum (SWF), the Labour Court of Appeal has ruled that the forum does not qualify to be registered as an official trade union. The Registrar of Labour Relations appealed against an earlier ruling by the Johannesburg Labour Court, which directed the Registrar to immediately registrar the SWF as a union. This would have meant that the forum, which has about 6,600 members, mainly casual, vulnerable workers, would be able to represent them formally in disputes, wage negotiations, and in matters before the Commission for Conciliation, Mediation and Arbitration (CCMA). But Appeal Court Acting Judge President Kate Savage (with two judges concurring) has said the ruling was wrong. The SWF was formed with the assistance of the Casual Workers' Advice Office (CWAO), a non-profit organisation that assists casual workers with labour disputes. At the end of 2020, it decided to apply for registration in terms of the Labour Relations Act (LRA). To that end, it adopted a constitution, opened a bank account, and held an annual general meeting. In June 2022, its application to the Registrar was refused. SWF said it was a 'modern trade union', not constituted in the same manner as traditional trade unions, which it did not 'trust'. It had no 'hierarchical structure' or permanent office bearers It approached the labour court after the Registrar refused to register it as a union. In the lower court, Judge Andre Van Niekerk said SWF aimed to keep decision-making power in the hands of those members affected by the decision and to ensure that all work done by members was without remuneration, so as to remove any potential for personal financial interest. Membership fees were fixed at R12.50 a month or R150 annually. Ordinary meetings were convened when necessary. Each meeting elected a chairperson and a secretary for the next meeting. Decisions were taken by a majority vote. Judge van Niekerk said while the structure was unique, the Registrar had refused to register SWF, saying its constitution did not meet the requirements of the LRA. The Registrar did not consider it to be a 'genuine trade union' independent of the CWAO. He said since the LRA had been brought into operation in 1995, the labour market had changed and 'new forms of worker organisations will inevitably emerge to meet these challenges and better serve the interests of the more vulnerable'. There was no legal impediment to its registration, he ruled. Appeal court ruling But Judge Savage said the LRA dictated that unions had to establish permanent offices with defined functions and clear procedures for elections and removals. The SWF did not comply with these requirements. She said the Act created a framework for registration to ensure accountability, transparency and democracy. 'This serves to protect members, the organisation itself and the external parties with whom it relates,' she said. 'While the express intent of the SWF constitution is to keep decision-making powers in the hands of those members affected by the decision in question with all work done by members and no person remunerated for any work done, it fails to comply with the requirements for registration,' Judge Savage said. She said SWF should be permitted to revisit and amend its constitution, and it could apply again for registration. She upheld the appeal but made no order as to costs, saying 'the SWF and its members are the most vulnerable of workers, whereas the Registrar performs a regulatory function, resourced by the State'. A spokesperson for SWF said it had met its lawyers over the weekend and resolved to launch a constitutional challenge. GroundUp.