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SheVerified: Gracie Chen, CEO of Bitget, on Breaking Barriers and Leading the Future of Crypto

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In an exclusive interview with BeInCrypto, Gracy Chen, CEO of Bitget, shared her insights on cryptocurrency adoption, Bitget’s market growth strategies, and her commitment to gender equality within the industry.

Who Is Gracy Chen?
Gracy Chen is the CEO of Bitget, a leading crypto exchange and Web3 company. Since joining Bitget as Managing Director in 2022, she has driven the company’s global strategy, secured partnerships with high-profile figures like Messi, and expanded the user base fourfold. As CEO, she focuses on global business growth, market compliance, and fostering a strong organizational culture while integrating blockchain technology with philanthropic efforts.

Beyond her contributions to the crypto industry, Chen is a passionate advocate for gender equality. In 2015, the World Economic Forum recognized her as a Global Shaper. She recently addressed the United Nations Women CSW68 conference, discussing critical issues affecting gender equality and women’s rights. Her leadership in promoting diversity and empowering women has made her a prominent figure in the crypto industry and the global women’s rights movement.

Bitget’s Impact on Crypto
Q: As CEO of Bitget, how are you contributing to cryptocurrency market growth, and what specific initiatives have you led to enhance adoption and accessibility?

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A: We are focusing on expanding our presence in emerging markets like LATAM, Southeast Asia, and Africa. Crypto adoption in these regions is rapidly increasing, and we are eager to support this trend. Additionally, we are investing heavily in Web3 and Bitget Wallet, building our on-chain layer for sustained growth. Another key initiative is integrating crypto into daily life, such as launching a crypto card that allows users to pay with crypto wherever VISA is accepted.

Q: What is Bitget doing to promote diversity in the Web3 space, and what advice do you have for women entering the cryptocurrency and blockchain industry?

A: At Bitget, we address inequalities in all forms. We launched the Blockchain4Her initiative to empower women in crypto, support female entrepreneurship, and widen networking and investment opportunities for women. We also invest in the Blockchain4Youth project to increase the younger generation’s presence in our industry. My advice to women facing gender bias is to stick to their values and intrinsic motivation to overcome challenges.

The Future of RWA Tokenization
Q: How will the tokenization of real-world assets transform the cryptocurrency market, especially in attracting traditional investors and increasing stability?

A: Tokenizing real-world assets can improve liquidity for traditionally illiquid assets like real estate and artwork, allowing for fractional ownership and trading on blockchain platforms. This increased liquidity can lead to more stable asset prices and a more resilient market. For traditional investors, tokenized assets provide new diversification opportunities, reducing risk and increasing returns, thereby attracting more traditional investors to the cryptocurrency market.

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Q: What are Bitget’s main challenges and opportunities in facilitating real-world asset tokenization, and how is your platform addressing these?

A: We see the tokenization of real-world assets as a cornerstone trend in today’s finance. To support RWA initiatives, we partnered with Tomarket, a decentralized marketplace for trading RWA assets. Simplifying the user experience and expanding partnerships are key strategies to promote the value of RWAs to a broad audience.

Bitcoin, Ethereum, Meme Coins Outlook

Q: With spot Bitcoin and Ethereum ETFs now approved and Bitcoin’s halving in April, how do you view current cryptocurrency adoption among retail and institutional investors?

A: These developments will likely accelerate the broader acceptance of cryptocurrencies as legitimate investment assets. This could drive more retail and institutional investors to consider crypto as part of their portfolios, enhancing overall adoption and integrating blockchain technology further into the financial system.

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Q: Will the meme coin trend, with coins like Dogecoin and Shiba Inu, sustain its momentum, and how do you see their future utility and adoption in the crypto ecosystem?

A: The memecoin trend will remain strong in the short to medium term as they are popular for market speculation. Despite their popularity, memecoins face the challenge of consensus decay over time. Many communities are adding utility features to maintain and strengthen consensus. Integrating practical functions into meme projects has a positive impact on the crypto ecosystem, enriching it and stimulating on-chain activity.

In conclusion, despite challenges, memecoins will likely continue to play a significant role in the crypto space, contributing to the ecosystem’s growth and diversity.

Source: beincrypto.com

The post SheVerified: Gracie Chen, CEO of Bitget, on Breaking Barriers and Leading the Future of Crypto appeared first on HIPTHER Alerts.

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Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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