Blockchain Press Releases
Bitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO
VICTORIA, Seychelles, Feb. 5, 2024 /PRNewswire/ — Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead the company’s global growth strategy and coordinate brand development, operations, and growth initiatives.
Alvin Kan brings a wealth of expertise with over 15 years of professional experience, having held prominent roles at BNB Chain and Sei Labs. Notably, he spearheaded ecosystem growth at BNB Chain and served as the Head of Asia for Sei Labs. Before this, Alvin spent almost a decade at LinkedIn, where he led the Asia-Pacific data team and played a crucial role in the company’s strategic development across Asia. With a strong background in market growth and data analysis in the Web2 domain, coupled with his insightful understanding of building Web3 ecosystems, Alvin is well-equipped to introduce innovative ideas and steer global growth strategies at Bitget Wallet. His leadership will be instrumental in shaping the company’s direction and planning for the upcoming year, elevating the brand’s global presence.
In outlining the company’s 2024 development plan, Alvin emphasizes a strategic focus on acquiring new users, expanding the roster of supported assets, and exploring novel opportunities.
1. Global Expansion and Growth
In 2024, Alvin is charting a course for global expansion, outlining a comprehensive globalization strategy that involves deploying localized teams in strategic regions worldwide. This initiative aims to establish operational capabilities tailored to specific regions, facilitating accelerated growth and market penetration on a global scale and catering to the diverse needs of a global userbase. Initial endeavors in Turkey, Vietnam, and Pakistan have demonstrated promising outcomes, laying the groundwork for broader success.
Amidst a bullish market outlook, the cryptocurrency sector is poised to attract a diverse influx of new users and key opinion leaders (KOLs) spanning various industries. Alvin’s unwavering commitment involves fostering a symbiotic relationship between product development and market operations within the company. This approach ensures a seamless integration for new users, hailing from diverse backgrounds, into the dynamic realm of Web3. Moreover, strategic collaborations with well-established Web2 brands are on the horizon to amplify synergy and elevate Bitget Wallet’s global brand recognition.
2. Capturing New Narratives and Assets
As the COO of Bitget Wallet, Alvin will be spearheading the establishment of a more adaptive team structure, geared towards swift responses to market dynamics and keen recognition of emerging narratives and assets. This initiative aims to facilitate the rapid implementation of technology and product strategies. “New assets will always be at the core of wealth generation within this industry,” Alvin says. “Our goal is to be the first to uncover the next big opportunity for our users.”
Equipped with core features like Swap, smart quotes, Launchpad for new offerings, and inscription tools, Bitget Wallet is strategically crafted to empower users in capitalizing on valuable assets early, thereby maximizing returns. Alvin underscores a dual-strategy approach, advocating for the robust execution of long-term initiatives alongside flexible engagement with short-term trends. This balanced strategy ensures a nimble response to market shifts while concurrently focusing on meticulous infrastructure development. The overarching aim here is to fortify Bitget Wallet’s product suite and establish a robust infrastructure to fully harness the benefits of sustained growth.
3. Exploring New Opportunities in Wallets
Web3 wallets as an industy have witnessed significant growth from basic functionalities such as address creation, fund transfers, and receipts to more advanced features such as the integration of multi-chain DEXs, NFT marketplaces, and diverse protocols. This evolution has broadened the scope and redefined what it means to serve a Web3 wallet in today’s context, elevating them to comprehensive Web3 gateways that encompass asset management, Swap transactions, inscriptions, NFT minting, and interactions across entire blockchain ecosystems. Notably, innovations like MPC and AA wallets have contributed to enhancing user experiences, introducing greater convenience. Throughout this transformative journey, Bitget Wallet has consistently positioned itself at the forefront, actively exploring and anticipating future trends in the realm of Web3 wallets.
Under Alvin’s leadership, Bitget Wallet is actively working towards establishing systematic capabilities, consistently expanding core product features, and fostering innovation based on emerging narratives. The goal is to carve out a distinctive competitive edge for Bitget Wallet in the dynamic market. Alvin places a strong emphasis on simplifying the product experience, aiming for Bitget Wallet to serve as a seamless Web3 bridge.
“In our recent App version, the team has thoroughly reconsidered and redesigned the UI, with a dedicated focus on enhancing user-friendliness and ease of experience,” Alvin highlights.
“Bitget Wallet has always been on what we believe is the right path to chart the future of Web3 Wallets,” he concludes. “Continuous progress is key in ensuring that we continually place ourselves and our users at the forefront of Web3 innovation.”
About Bitget Wallet (Web3 Trading Wallet)
Bitget Wallet stands as Asia’s largest and global frontrunner among all-in-one Web3 multi-chain wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more.
With a 5-year legacy, Bitget Wallet has garnered acclaim from over 15 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.
For more information, visit: Website | Twitter | Telegram | Discord
View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-welcomes-alvin-kan-former-senior-executive-at-bnb-chain-as-new-coo-302053244.html
Blockchain Press Releases
Velo Labs Brings BlackRock’s Tokenized Short-Term Treasury Fund to Southeast Asia
SINGAPORE, Sept. 11, 2024 /PRNewswire/ — Velo Labs, a global pioneer in Web3-based financial solutions, today announced that the assets that back Velo’s USDV token, the stablecoin of the Velo ecosystem, are now comprised of an investment in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize. USDV serves as the primary store of value and unit of transfer across Velo’s suite of payment and trading applications.
Over 1 million Velo’s Orbit payment app users and vendors across Southeast Asia leverage USDV for seamless transactions, value storage without a bank account, cross-border money transfers, and off-ramping to local currencies at local banks 24/7 – all while earning yield on-chain. Additionally, Velo’s FX, commodity, and crypto traders on its Universe exchange and DeFi protocol Velo Finance can earn yield on funds held on the exchange and have the opportunity to compound those returns via various Velo liquidity pools and staking programs.
Today’s announcement follows Velo’s recent partnership with the Laos government to tokenize its physical gold reserves. Velo is rapidly establishing itself as a leading provider of blockchain-powered payments, trading, and RWA asset offerings across Asia.
Velo Labs co-chairman Chatchaval Jiaravanon commented: “Velo Labs is very pleased to bring BlackRock’s high-quality institutional yield product to Southeast Asia. At Velo, we are building the bridges and rails that will ensure frictionless, borderless, and formless payment and trading experiences for both institutional and retail users across Asia. Today’s announcement demonstrates our commitment to bringing Velo users access to the highest-quality institutional assets in the world.”
Securitize co-founder and President Jamie Finn added “This is a great example of a firm leveraging open web3 standards to deliver a product to their market”
About Velo Labs
Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by the Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive
Web3-based payment network, along with Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide—dedicated to empowering global financial connectivity and expanding accessibility globally. Follow us for more info: Twitter / Telegram
About Securitize
Securitize, the leader in tokenizing real-world assets, is driving the compliant digitization of financial assets through next-generation blockchain technology. Securitize, or through its subsidiaries, is a registered broker-dealer (member Finra/ SIPC) and operates a primary marketplace, an alternative trading system, as well as a top 10 transfer agent and has an exempt reporting adviser. Learn more at http://www.securitize.io
Photo – https://mma.prnewswire.com/media/2501798/Velo_x_Securitize.jpg
View original content:https://www.prnewswire.co.uk/news-releases/velo-labs-brings-blackrocks-tokenized-short-term-treasury-fund-to-southeast-asia-302244079.html
SINGAPORE, Sept. 11, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base.
Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine with 10ms latency and 1000x leverage.
In the coming months, BSX aims to launch several new projects, including a spot aggregator, earning products, and staking products. Additionally, the company plans to introduce a Layer 3 network on Base to optimize the on-chain BSX order book. Looking ahead, BSX also intends to release its own trading game on Telegram and an exclusive NFT collection to attract new users to both Base and BSX.
“BSX operates on top of the Base ecosystem, leveraging its 110 million globally verified users. By providing a strong liquidity foundation for this ecosystem, BSX is poised for significant success,” commented Edward, Managing Partner at HTX Ventures. “BSX serves a large traditional finance customer base, and at HTX Ventures, we are excited to support this Web3 onboarding journey.”
“We’re focused on building a key lego block in the DeFi ecosystem. By launching on Coinbase’s Base L2 we are a key beneficiary of Coinbase’s massive user base moving on-chain to Base and then to DeFi applications. Our vision is to build a consolidated platform including BSX Trade, BSX Earn, and BSX 1000.” Said BSX Team.
About BSX
BSX is a decentralized derivatives trading platform built on Base. BSX offers perpetuals trading at 1000x leverage and also a spot market. The firm is backed by Blockchain Capital and the Base Ecosystem Fund and is advised by Athur Hayes.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-invest-in-bsx-building-defi-infrastructure-on-base-302244795.html
WARSAW, Poland, Sept. 10, 2024 /PRNewswire/ — Flipster, a leading crypto derivatives trading platform, is excited to announce its participation as a silver sponsor at Token2049, Asia’s largest Web3 event, taking place in Singapore on September 18-19. With over 20,000 attendees expected, the event will serve as a key gathering for the global cryptocurrency and blockchain community.
As a silver sponsor, Flipster will maintain a strong presence at the event with a dedicated booth, offering attendees the chance to engage with the team, learn about the platform’s latest innovations, and participate in discussions about the evolving cryptocurrency trading landscape.
In addition, Flipster is partnering with the popular Pudgy Penguins NFT project to co-host an exclusive side event at Zouk, one of Asia’s most renowned nightlife venues, on September 17. The event at Zouk will provide a relaxed yet dynamic environment for attendees to network, share ideas, and celebrate advancements in Web3 and digital assets.
Flipster’s involvement in Token2049 comes during a period of rapid growth for the platform. In recent months, Flipster has solidified its position as a preferred platform for both novice and experienced traders. With a robust set of features, including advanced trading tools, strong security protocols, and a user-friendly interface, Flipster has seen a significant increase in its user base. The platform’s total assets have nearly doubled in the past two months, driven by rising demand for digital assets and Flipster’s focus on innovation and user experience.
About Flipster
Flipster is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to [email protected].
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View original content:https://www.prnewswire.co.uk/news-releases/flipster-announces-silver-sponsorship-for-token2049-302243486.html
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