Core Insights - Bitget has reported a record high valuation of its Protection Fund, reaching $779.7 million as of July 22, 2025, demonstrating the company's commitment to safeguarding user assets [2][4] - The valuation of the Protection Fund is closely correlated with Bitcoin price fluctuations, which ranged from approximately $105,600 to $119,956 during July [4] - Bitget maintains a consistent holding of 6,500 Bitcoins, ensuring stable reserves despite market volatility [4] Fund Performance - The Protection Fund's valuation averaged around $746 million for July, with a low of $686.5 million at the beginning of the month [2] - As of July 31, the fund's size was $752 million, indicating strong performance even with a slight decline in Bitcoin prices [4] - Established in 2022 with an initial commitment of $300 million, the fund has consistently exceeded this benchmark, showcasing Bitget's asset management capabilities [4] Security and Transparency - Security is a core strategy for Bitget, which publishes monthly reserve proof reports to ensure that user asset reserves are maintained at a ratio of no less than 1:1 [5] - The CEO of Bitget, Gracy Chen, emphasized the fund's size as a testament to the company's commitment to user asset protection and long-term stability [5] Company Overview - Founded in 2018, Bitget is a leading cryptocurrency exchange and Web3 company serving over 120 million users across more than 150 countries [6] - Bitget offers innovative trading solutions, including copy trading features, and provides real-time cryptocurrency price information [6] - The company has strategic partnerships to promote cryptocurrency, including collaborations with LaLiga and various athletes [6] Global Initiatives - Bitget plans to provide blockchain education support to 1.1 million people by 2027 in partnership with UNICEF [7] - The company is also the exclusive cryptocurrency exchange partner for MotoGP™, enhancing its global influence [7]
2025 年 7 月,Bitget 保护基金规模创历史新高,达 7.797 亿美元,彰显其对用户资产安全的坚定承诺
Globenewswire·2025-08-08 13:13