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Home»Blockchain»Bitget and TRON reach $10 million deal for blockchain growth
Blockchain

Bitget and TRON reach $10 million deal for blockchain growth

December 21, 2024No Comments
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Crypto exchanges and Web3 platform Bitget are strategically collaborating with TRON, one of the top blockchain networks, to make blockchain technology more usable and accessible worldwide.

And to seal the deal, Bitget invested in $10 million worth of TRX, used as a utility token for TRON. This partnership will drive the growth of the TRON ecosystem, particularly in DeFi, CEX and other cutting-edge blockchain applications.

“At Bitget, we believe that collaborating with cutting-edge systems that make a real difference is very important,” Gracy Chen, CEO of Bitget, said in the press release. “We look forward to seeing what this project will bring to both parties and the global cryptocurrency community.”

TRON is one of the most trusted blockchain networks among developers, institutions and users around the world. It has over 278 million user accounts and has processed 9 billion transactions.

Also, it is famous for its fast and cheap on-chain payments. It plays a vital role in settling USDT stablecoin payments and has a daily on-chain transaction of over $10 billion.

Justin Sun, the founder of TRON, commented on X. He said: “I am excited about our strategic collaboration with Bitget Global to support the growth of the ecosystem. I look forward to seeing TRON collaborate with Bitget to empower developers and make TRON more accessible to everyone.

Bitget was founded in 2018 and is one of the top international crypto exchanges, serving over 45 million users across 150 countries. It is best known for its special copy-trading feature and its many other Web3 tools, including a multi-chain wallet and an NFT marketplace.

Additionally, the exchange has also entered into several partnerships this year, for example as the official crypto partner of LALIGA in Latin America, Southeast Asia and other regions.

Also Read: Bitget Token (BGB) Rises 264% in One Month, Hits New ATH





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