Crypto Exchange Bitget Appoints Gracy Chan as CEO
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Cryptocurrency derivatives trading platform Bitget has appointed Gracy Chen as its new CEO. She takes over from Sandra Lou, who is moving on to other business goals. Chen was previously managing director at Bitget, where she led business strategy and corporate development. She then became CEO. Under her leadership, Bitget’s user base has quadrupled. This has catapulted the exchange into the top 5 crypto exchanges by crypto derivatives trading volume.
In an email to Cryptonews, Chen said: “I am very honored to take on the role of CEO of Bitget.” She added that Bitget has transformed over the past six years with the solid foundation we have built and the incredible team by my side.
Chen further stated that through continuous innovation and value creation for its 25 million users and the futures trading platforms it offers, Bitget has become one of the top five largest trading platforms and a top 10 spot trading platform.
I look forward to continuing to shape this industry that is at the forefront of innovation and driving the future of digital finance. It is a great privilege to be the leader of such a dynamic team and I look forward to taking our global expansion to even greater levels.
Bitget commented on Chen’s rise, saying, “Gracy has more than 10 years of experience in marketing, business and investments.” I’m writing to you as the new CEO of @bitgetglobal. I’d like to share some information about Bitget’s focus and plans (as expected of any new CEO) 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 said there is no doubt that we are in a bull market right now. She said the bull market is between 30-40%.
When comparing the current price of Bitcoin to its value in October 2023, it has almost doubled. Since the crypto market is “not just crypto,”
there are two important factors to consider. It is still too early to determine the direct impact of this recent fourth event. Chen said that the decline from the recent all-time high of $74,000 could be largely due to the halving event.
