Blockchain
SheVerified: Gracie Chen, CEO of Bitget, on Breaking Barriers and Leading the Future of Crypto
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?
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.
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.
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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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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