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Cryptocurrency derivatives trading platform Bitget has named Gracy Chen as its new CEO, succeeding Sandra Lou, who is moving on to explore other business opportunities.
Prior to her promotion to CEO, Chen served as the managing director of Bitget, where she was responsible for overseeing market expansion, business strategy, and corporate development.
During her tenure, Bitget’s user base has increased fourfold, elevating the exchange to one of the top five positions among crypto exchanges based on crypto derivatives trading volumes.
“I’m extremely honoured to step into the role of CEO at Bitget,” Chen stated in an emailed message to Cryptonews. “Over the past six years, with the solid foundation we’ve established and an exceptional team alongside me, Bitget has evolved into a leading crypto platform,” she continued.
Chen further remarked that by consistently innovating in product offerings and delivering value to our 25 million users, Bitget has ascended to become a top five futures trading platform and a top 10 spot trading platform.
“I’m excited to continue to be part of shaping this industry that is on the brink of innovation, empowering the future of digital finance. It’s a privilege to lead such a dynamic team, and I look forward to guiding our global expansion to new heights!” Chen expressed.
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In response to Chen’s promotion, Bitget stated, “Gracy is a prominent female entrepreneur in crypto, with over 10 years of experience in business, marketing, and investment. Since joining Bitget as managing director in 2022, she has been spearheading Bitget’s growth strategies to become one of the world’s top five crypto exchanges and Web3 platforms.”
Here is my first letter as the new CEO of @bitgetglobal. I want to share some info about Bitget’s focus and plans (as expected by any new CEOs), and tell you more about myself https://t.co/KI6wtS1B56
— Gracy Chen @Bitget (@GracyBitget) May 21, 2024
Bitcoin Price Will Rise, Says Chen
In a recent podcast with Cryptonews, Chen stated that there is no doubt we are currently in a bull run. “I would estimate 30% to 40% in the bull market.”
Comparing Bitcoin’s price movements today to those in October 2023, she noted that it has roughly doubled. There are two significant factors to consider here, as the crypto market “is not solely about crypto itself.”
The first factor is the halving. This recent fourth event marked a significant moment for the chain, but it is too soon to assess its direct effects. For instance, the decline from the recent all-time high of nearly $74,000 may largely be attributed to the halving event, Chen indicated.
The post Crypto Exchange Bitget Appoints Gracy Chen as CEO appeared first on Cryptonews.
