Our goal is to boost 50+ capable projects over the next 6 months and help them scale through this cycle. Project Archimedes is built to give strong teams the lift they need, while aligning capital, risk and execution around sustainable performance. Give builders the leverage to build, and we'll move the world again 💪

We finished the deep review. Gaps were identified, systems are being upgraded, and we’re setting a higher bar for ourselves on fair markets. I’ve founded companies that worked and ones that didn’t. The only constant is, when something breaks, you own it fully, fix it properly, and come back stronger. That’s the same approach we’re taking here. Thank you for holding us accountable. We won’t let you down.

The more markets you can access, the more strategies you can build. That’s the thinking behind what we’re bringing to TradFi Perps at Bitget. With 278 assets across stocks and commodities, we're giving traders more room to act on their market views, hedge, and put their strategies to work. The goal isn't simply to offer more assets. It’s to give experienced traders more tools and more flexibility to trade the way they want.

Over the past month, there has been no shortage of headlines about struggling exchanges. Some of the founders involved are people I’ve crossed paths with. This is a sobering reminder of how unforgiving every crypto downturn can be. Most conversations today focus on which exchange survives or which project fails. But after spending the past month in the US and Europe meeting with Wall Street traders and institutional clients, I came away with a different perspective. What surprised me is that the institutions many people see as the backbone of market liquidity aren’t exactly having an easy time either. Many are going through painful adjustments of their own. A few observations that stayed with me: 1. The scars from last year’s 10.10 market shock are still healing The decline in crypto liquidity wasn’t temporary, but structural. Comparing notes with several institutional trading firms, even the largest venues have generally seen liquidity decline by around 30-40% since the market turmoil. Lower liquidity isn’t just about lower trading volumes. It also raises the cost of trust. Higher volatility, more fragmented liquidity and greater sensitivity to market manipulation have made institutions much more cautious about deploying capital. One lesson has become very clear: don’t overestimate how quickly markets recover, and don’t underestimate how long it takes to rebuild confidence. Everyone is repairing balance sheets. That process takes time. 2. Long-term conviction hasn’t disappeared, but the playbook has changed Despite a difficult market, institutional interest in digital assets hasn’t gone away. If anything, more firms are quietly preparing for the next cycle while prices remain subdued. The biggest change is how they think about crypto. It’s no longer viewed as a standalone speculative asset class. It’s increasingly becoming one component within a broader global portfolio. Multi-asset strategies, tokenized real-world assets, cross-asset collateral and hedged portfolios are becoming standard discussions. That also helps explain why some of the crypto trading volume lost over the past year is being replaced by equities, FX and commodities. Institutions aren’t leaving. They’re evolving. They’re optimizing for more stable, diversified return profiles rather than relying on pure crypto beta. Platforms built only around crypto trading may find it increasingly difficult to meet those changing needs. 3. More than ever, institutions want peace of mind From FTX to the more recent incidents across the industry, every exchange crisis has reinforced the same lesson: safety is the minimum requirement for staying at the table. When I speak with institutions and VIP clients today, the conversation is no longer just about generating alpha. Asset security, risk management and capital efficiency now matter just as much. They don’t want to put all their eggs in one basket. At the same time, they don’t want their capital sitting idle or becoming fragmented across different platforms and accounts. What they are looking for is fairly straightforward: transparent third-party custody, clear risk controls and an account structure that allows capital to move flexibly when opportunities arise. This is also why products such as rToken are attracting more attention from professional investors. The same position can provide market exposure, be pledged to access liquidity and be used as margin. The goal is not to take more risk with the same capital. It is to make every dollar work harder while keeping safety at the centre of the equation. ------- The financial industry has always rewarded scale and trust, and crypto is no different. I’ve often told our team that many offshore exchanges outside the top 10 group may not survive the next few years. But even being among the largest players is no reason to become complacent. Bear markets are uncomfortable, but they have a way of forcing everyone back to fundamentals. The companies that emerge stronger won’t simply be the ones that cut costs or survive another cycle. They’ll be the ones that manage short-term risk while continuing to build infrastructure, discover genuine product-market fit and solve real customer problems. That’s what we’re focused on. And I believe that’s where the industry’s next chapter will be written.

Bitget Fans are more than traders. They’re the stories, ideas, and energy behind one of the industry’s strongest trading communities, growing alongside Bitget from a crypto exchange into a Universal Exchange. Now it's time to share your story to earn a share of 50,000 USDT rewards: - How you became a Bitget Fan - How you made your first tokenized stock (rToken) trade #BitgetFanStory#

AUM reached $160M July trading volume hit $1.15B Peak daily volume: $81.38M Peak daily trades: 127,691 July showed what 24/7 markets can look like. Global participation. Continuous liquidity. rToken liquidity runs deeper than you think.

A lot of young people discover crypto through trading. But I hope they also get to see what it can build in the real world. That’s why #CryptoExperienceMonth# is bringing campus tours, rToken Learn2Earn, and real connections with people in the industry. Nothing beats learning by doing 💪

I don’t think crypto is becoming more like TradFi. It’s the other way around. TradFi assets are moving onto crypto-native market structures. Perps are just one example. The bigger shift will go beyond tokenization. 24/7 markets, cross-asset collateral and unified capital are becoming the new standard across asset classes. My full thoughts 👇

Finance shouldn’t have “opening hours”, and crypto understood that from day one. But 24/7 trading is only the beginning. When assets move onchain, they become programmable, able to be traded, settled, used as collateral and deployed wherever capital is needed. Let’s keep building the programmable economy 💪

Over the past few months, the questions we’ve heard from institutional clients have increasingly focused on collateral efficiency, cross-asset risk, liquidity, and how tokenized equities can fit into existing portfolio strategies. So our institutional team has put our thinking into this rToken playbook for cross-asset capital management. For institutions exploring how crypto and tokenized equities can work together within one capital framework, this is for you 👇

rToken brings the liquidity of Nasdaq and NYSE directly to Bitget, and many of you have already experienced how efficiently it trades with minimal slippage. Over the past few months, I’ve been pushing the team to keep improving our Stock Perps liquidity too. Today, we’re seeing industry-leading order book depth across major stock assets. But don’t just take my word for it. Join our Liquidity Challenge, put it to the test, and see for yourself why we say: rToken liquidity goes far beyond your imagination 😉

Sat down with @TheBlockCo for a live conversation. Their headline was more dramatic than I'd put it. But I enjoyed our conversation and here's what we actually talked about 👇 1/ I made a 1 BTC bet on rToken liquidity. Reality connects directly to NYSE and Nasdaq — real liquidity, not synthetic. If our spreads aren't tighter than any other RWA product on the market, I'll pay up. 2/ Five user groups. Very different pain points. HNW traders, retail, asset managers, active traders — they don't need the same thing. Treating them like they do is how exchanges stay average. 3/ The Clarity Act is moving slower than expected. Midterms are part of it. We're going into the US market, with or without the Clarity Act. and other spicy questions about our competitors......

Since launching our US stock products, we’ve prioritized deep liquidity so you can trade larger amounts with less price impact. These two charts bring together live order-book data collected over the past few weeks, comparing the same stock assets across platforms. @Bitget’s rTokens showed up to 412x the depth, while Stock Perps were nearly 10x deeper. Try them and tell me if this matches your trading experience 😊