Latest news with #FlávioSampaio
Zawya
14-04-2025
- Business
- Zawya
Bitget records $2.08trln total trading volume in Q1 2025
Global – Bitget, the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines. User growth remained strong. Bitget added 4.89 million users on its CEX platform and 15 million users on Bitget Wallet in Q1 alone, bringing the platform's global user base to over 120 million—a nearly 20% rise. Bitget's native token, BGB, had a volatile but net-positive quarter. The period also saw the introduction of a refreshed roadmap for BGB, outlining expanded utility in staking, Launchpad participation, and integrations with new DeFi ecosystems. A quarterly burn schedule remains in place to manage supply-side pressures. Security stayed front and center, especially after a record-breaking $2.1 billion was lost to crypto hacks industry-wide. Bitget transferred nearly $100 million in ETH to Bybit after its breach, a move that signaled a rare but critical exchange-to-exchange alignment in times of crisis. Meanwhile, Bitget's Proof-of-Reserves consistently exceeded the 130% mark through Q1. Its Protection Fund grew from $495 million in January to $514 million by March, tracking a cautious yet upward trend in asset reserves. 'This quarter's performance shows the value of staying agile in a volatile environment. In the next quarter, we will continue to focus on institutional-grade infrastructure and double down on expanding its Web3 presence through our ecosystem. Compliance remains a key pillar as the exchange navigates tighter global oversight while staying anchored to its core ethos: helping users trade smarter," said Gracy Chen, CEO at Bitget. Beyond product performance, Bitget broadened its global footprint through on-ground events and targeted initiatives. It entered motorsports by sponsoring Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup and hosted Ramadan-focused gatherings across MENA and Asia. Over 60,000 meals were distributed during the holy month through donations from local partners. The Blockchain4Her initiative, launched in 2024 with $10 million earmarked for long-term deployment, marked its first anniversary. The program welcomed three new ambassadors and ran activations in Southeast Asia and Eastern Europe aimed at onboarding more women into Web3. Bitget also advanced its infrastructure and integrations. AI-backed trading tool Bitget Seed was introduced to identify and list early-stage tokens with strong on-chain signals. Integrations with Zen and Callpay improved fiat onramps across Europe and South Africa. BGB's liquidity expanded further through Morph Chain and Bulbaswap. Bitget continues to scale its infrastructure, onboard new users, and optimize for resilience. With a robust user pipeline, rising token activity, and new partnerships in motion, the platform is set for another strong quarter. For the full Q1 2025 full report, please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Bahrain News Gazette
14-04-2025
- Business
- Bahrain News Gazette
Bitget Records $2.08 Trillion Total Trading Volume in Q1 2025; Spot Trading Surged 159% QoQ
Bitget Records $2.08 Trillion Total Trading Volume in Q1 2025; Spot Trading Surged 159% QoQ Bitget Records $2.08 Trillion Total Trading Volume in Q1 2025; Spot Trading Surged 159% QoQ VICTORIA, Seychelles, April 14, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines. User growth remained strong. Bitget added 4.89 million users on its CEX platform and 15 million users on Bitget Wallet in Q1 alone, bringing the platform's global user base to over 120 million—a nearly 20% rise. Bitget's native token, BGB, had a volatile but net-positive quarter. The period also saw the introduction of a refreshed roadmap for BGB, outlining expanded utility in staking, Launchpad participation, and integrations with new DeFi ecosystems. A quarterly burn schedule remains in place to manage supply-side pressures. Security stayed front and center, especially after a record-breaking $2.1 billion was lost to crypto hacks industry-wide. Bitget transferred nearly $100 million in ETH to Bybit after its breach, a move that signaled a rare but critical exchange-to-exchange alignment in times of crisis. Meanwhile, Bitget's Proof-of-Reserves consistently exceeded the 130% mark through Q1. Its Protection Fund grew from $495 million in January to $514 million by March, tracking a cautious yet upward trend in asset reserves. 'This quarter's performance shows the value of staying agile in a volatile environment. In the next quarter, we will continue to focus on institutional-grade infrastructure and double down on expanding its Web3 presence through our ecosystem. Compliance remains a key pillar as the exchange navigates tighter global oversight while staying anchored to its core ethos: helping users trade smarter,' said Gracy Chen, CEO at Bitget . Beyond product performance, Bitget broadened its global footprint through on-ground events and targeted initiatives. It entered motorsports by sponsoring Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup and hosted Ramadan-focused gatherings across MENA and Asia. Over 60,000 meals were distributed during the holy month through donations from local partners. The Blockchain4Her initiative, launched in 2024 with $10 million earmarked for long-term deployment, marked its first anniversary. The program welcomed three new ambassadors and ran activations in Southeast Asia and Eastern Europe aimed at onboarding more women into Web3. Bitget also advanced its infrastructure and integrations. AI-backed trading tool Bitget Seed was introduced to identify and list early-stage tokens with strong on-chain signals. Integrations with Zen and Callpay improved fiat onramps across Europe and South Africa. BGB's liquidity expanded further through Morph Chain and Bulbaswap. Bitget continues to scale its infrastructure, onboard new users, and optimize for resilience. With a robust user pipeline, rising token activity, and new partnerships in motion, the platform is set for another strong quarter. For the full Q1 2025 full report, please visit here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at GlobeNewswire Distribution ID 1001080141
Bahrain News Gazette
26-03-2025
- Automotive
- Bahrain News Gazette
Bitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio
Bitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — Bitget , the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025 . The partnership, which kicks off with the season's opening race in April 2025 , symbolizes the convergence of the on-going financial evolution, and the adrenaline-fueled world of motorsport. The collaboration sets Bitget with Porsche's legacy of precision and speed, creating a partnership that resonates with both crypto enthusiasts and motorsport fans. The sponsorship of driver Flávio Sampaio in the 2025 Porsche Carrera Cup Brazil season is supported by Bitget's mission of bringing together sports and crypto. The championship kicked off on March 22nd and 23rd at the Velocitta in Mogi Guaçu and will continue through November, with the final stage scheduled for the 8th and 9th in Interlagos, São Paulo. With its support for Flávio, Bitget becomes the first crypto exchange to participate in the competition and will have its own car in Latin America's largest Grand Touring category. In the past, Bitget also had a successful partnership with Argentina's star Lionel Messi from 2022 to 2024 and previously sponsored Juventus' women's football team in Italy. Currently, it also supports other major sports projects, such as Turkish athlete Buse Tosun Çavuşoğlu (world wrestling champion), Samet Gümüş (gold medalist in boxing), and İlkin Aydın (national volleyball team athlete). Flávio Sampaio, commented on the partnership, saying, 'I am very excited about this partnership with Bitget and hope to help spark interest among motorsport fans in the world of cryptocurrencies. The profile of sports fans often has similarities with that of crypto investors. I believe we can create an interesting connection between these two worlds.' Flávio Sampaio began his career in karting at the age of 12 and competed in major state and national championships until 2001. In 2007, he was invited to participate in Stock Jr., the feeder category for Stock Car. In 2008, he joined ATW Racing in Stock Light. In 2010, he was invited to compete in the Mini Cooper Challenge category, and in 2014, he moved to the GT3 Challenge. This partnership is a Porsche 911 GT3 Cup wrapped in Bitget's signature black-and-cyan livery, embodying the exchange's commitment to speed, reliability, and performance. With a roaring 510CV engine, the car serves as a metaphor for Bitget's high-performance trading engine, designed to deliver unmatched efficiency and results. 'This partnership isn't just about speed on the track—it's about accelerating innovation in the crypto space,' said Gracy Chen, CEO at Bitget . 'We find that Flavio's sportsmanship also dwells on the same principles that drive Bitget: strategy, adaptability, and high-performance execution. Aligning with a motorsport professional for a series known for its precision and competitiveness allows us to engage with an audience that values both technological advancement and calculated risk-taking.' The Porsche Cup Brasil is the ideal setting for Bitget to engage with a discerning audience, since it draws Brazil's top motorsport aficionados and sports-centric enthusiasts. Among the unique experiences attendees will have is access to the Paddock Terrace, where timing screens and real-time race radios provide an immersive perspective of the action. Bitget's VIP visitors will also be able to meet drivers, tour the pit lane, and take part in Porsche Experience Rides where they will ride shotgun with professional drivers in Bitget-branded helmets. Brazil is experiencing a notable surge in cryptocurrency adoption, with over 40 million users, which positions the country as a key market for Bitget's expansion. By partnering with Driver Flávio Sampaio in the Porsche, Bitget strengthens its local presence and reinforces its global reputation as the top emerging crypto brand. The sponsorship shows Bitget's ability to connect with diverse audiences, from crypto traders to motorsport enthusiasts, through shared values of innovation and performance. As engines roar and markets surge, Bitget, and Porsche Cup Brasil are set to redefine what it means to blend speed with substance. This partnership merges excitement and anticipation, driving the future of finance and motorsport with Bitget set to lead. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at GlobeNewswire Distribution ID 1001076125
