Cryptocurrency
exchange Bitget has appointed Min Lin, former Binance regional vice president
for Latin America, as its Chief Business Officer (CBO) as the platform seeks to
accelerate its global expansion.
Bitget Names Ex-Binance
Executive Lin as Chief Business Officer
Lin joined
Bitget after leading Binance’s Latin American operations, where he played a key
role in regulatory compliance and strategic growth. Prior to entering the
crypto sector, he served as an executive director in Goldman Sachs’ Global
Markets Division for over five years.
“We are
thrilled to welcome Min to our leadership team,” said Gracy Chen, CEO of
Bitget. “His impressive track record in scaling cryptocurrency businesses
aligns seamlessly with our strategic vision. Min’s insights will be
instrumental as we pursue our expansion goals in critical markets. We are
dedicated to strengthening our leadership team with top talent, ensuring Bitget
remains focused on delivering innovative, user-centric products and services.”
The
exchange recently became
a sponsor of La Liga, the Spanish football league featuring stars like
Lewandowski, Mbappé, and Vinícius Jr. In September, Finance Magnates
spoke with the new Chief Legal Officer, Hon Ng, who previously worked at
Binance. In the interview, he
stated that “Strong compliance doesn’t have to stifle innovation.”
Lin will
focus on strengthening Bitget’s presence in key regional markets and expanding
its product offerings. “I look forward to collaborating with this talented
team as we build an ecosystem trusted by millions,” Lin said regarding his
appointment.
Bitget Surpassed 45
Million Users
The
appointment comes as Bitget, currently ranked as the fourth-largest crypto
trading platform by volume, reports substantial growth metrics. The exchange
has expanded its user
base to 45 million across 150 countries, with particularly strong momentum
in Latin America, where it saw a 98% increase in active users this year.
The
platform has demonstrated significant growth in 2024, with traffic increasing
50% and net asset inflows exceeding $700 million in the first half of the year.
The exchange’s market share grew by 38.4% during this period, leading the
industry in growth rate.
In Q3 2024
the platform added 72 new token listings and double its staking volume to $2.3
billion. The exchange has also formed strategic partnerships, including
becoming the Official Crypto Partner of LALIGA in several regions2.
This article was written by Damian Chmiel at www.financemagnates.com.
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