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Bitget registers in Seychelles and plans to increase its global workforce by 50% – Press release Bitcoin News
press release
PRESS RELEASE. Seychelles, 22 November 2022 – Leading global cryptocurrency exchange Bitget announces it has registered in the Seychelles to aid global expansion. The exchange operates in a decentralized manner without a specific headquarters, with regional hubs in strategic markets, and plans to set up more regional hubs in the future. The exchange has also updated its recruitment plan with a new target of 1,200 employees by the first quarter of 2023, increasing the workforce by a further 50% from its existing size, to better meet user demand and support business growth.
This new registration in Seychelles is under the 2016 International Business Companies Act. Along with the Seychelles registration, Bitget has also established regional hubs in the Asia and LATAM markets and plans to strengthen its global presence with more regional hubs such as in Europe and Africa regions. Over the past few weeks, Bitget has taken a number of initiatives to build trust and confidence among users and the crypto industry, including launching the USD 5 million Builders’ Fund and increasing its protection fund size to USD 300 million. The stock exchange is also accelerating its hiring plans, showing no signs of being affected by the latest turmoil.
Bitget, earlier in June this year, originally announced that the company would double its workforce to 1,000 employees by the end of 2022. To better meet the growing user demand and business development, Bitget has further raised its goal of increasing its workforce to 1,200 by the first quarter of 2023. So far, the company has gone from a team of 450 in June 2022 to over 800 currently, a growth of 78% within 4 months, and will continue to increase its headcount by another 50% until the new target is reached. The team is currently looking for talented engineers and product, marketing and brand team members to provide users with the best social commerce experience.
Gracy Chen, CEO of Bitgetsays “We see the Seychelles as a friendly region for the crypto community. We have been working for months on this registration and are happy to announce the development now. The Seychelles registration offers a constructive environment for Bitget, enabling us to unlock collaboration with partners and strengthen banking relationships, along with our expansion with various partnerships, such as Argentine football legend Lionel Messi and Italian football club Juventus.With a global footprint, Bitget fully embraces the concept of Web3, allowing the team to work in a decentralized manner without a specific headquarters. We believe this can help us attract talent across borders as we are hyper-focused on growth and scale-up. It is critical for us to recruit high-caliber candidates globally and set up regional hubs to aid local communication and coordination in strategic markets at the same time.”
Gracy adds: “Our recruitment is always in line with our global expansion and long-term strategy, and we will continue to hire despite the current market sentiment. Competent and suitable talent will help Bitget build a safe and reliable platform, which will get stronger traction among users in the highly competitive industry and ultimately lead to a more reliable and robust platform that better serves the community.”
About Bitget
Established in 2018, Bitget is the world’s top five leading cryptocurrency exchange with innovative products and social trading services as key features, currently serving over 8 million users in more than 100 countries around the world.
Committed to providing one-stop and secure trading solutions to users, the exchange aims to increase crypto adoption by partnering with credit-worthy partners, including Argentine legendary soccer player Lionel Messi, Italy’s leading soccer team Juventus, PGL Major’s official esports crypto partner, and the leading esports organization Team Spirit.
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