Bitget
Wallet Announces
Investment in Trading Platform Tomarket, Targeting
Markets Beyond DEXs
Bitget Wallet Announces Investment in Trading Platform Tomarket, Targeting
Markets Beyond DEXs
Author: Chainwire
Last Updated Jun 28, 2024 @ 15:06
[PRESS RELEASE Victoria, Seychelles, June 28th, 2024]
Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint
investment with crypto investment firm Foresight X in Tomarket, a
decentralized trading platform for emerging asset classes.
Developed by industry experts from prestigious firms with the likes of Binance
and Microsoft, Tomarket is designed to address markets and user needs beyond
those already provided for by conventional decentralized exchanges (DEXs). The
platform facilitates the trading of Real World Assets (RWA), crypto asset
yields swap, crypto points, pre-TGE assets, and other new asset types, thereby
potentially enhancing liquidity and value discovery in these sectors.
With an end goal of tapping into the immense trillion-dollar market occupied
by these new narratives, Tomarket will first be available to users as a
Telegram mini-app when it officially launches in July, providing users with a
convenient and user-friendly entry point into this innovative platform.
The year 2024 marks a significant phase of growth for the crypto industry,
catalyzed by the Bitcoin halving together with the Bitcoin ETF approval by the
SEC. This period of growth also saw the emergence and burgeoning growth of
various new asset classes and narratives, such as crypto project points
trading, pre-TGE tokens, RWA assets, and interest rates on digital assets.
These new assets possess substantial trading potential and demand, yet they
face challenges such as poor liquidity and high transaction trust costs.
Moreover, the team believes that the current market lacks a comprehensive,
one-stop platform to meet the trading needs of these new assets. Tomarket was
specifically created to address these challenges and unlock the full potential
of these assets.
Expressing enthusiasm for this collaboration, Alvin Kan, COO of Bitget Wallet,
stated that Trading has always been at the heart of the crypto
industry. Beyond traditional token assets, new asset types such as RWAs and
points deserve significant attention.
He continues that Bitget Wallet will remain steadfast in its commitment to
addressing the evolving needs of its users: Through our investment and
product collaboration with Tomarket, we aim to explore and develop markets
beyond traditional DEXs, driving the growth of new crypto asset trading, thus
cementing our dedication to catering to new user needs as they present
themselves.
In a strategic move earlier this year, Bitget Wallet announced the
introduction of the Bitget Onchain Layer, an intermediary layer designed to
help users navigate the complex Web3 ecosystem. This layer serves as an
on-chain extension and a decentralized future of the entire Bitget ecosystem.
As the first ecosystem partner of the Bitget Onchain Layer, Tomarket will be
deeply integrated into Bitget Wallet. This development will also observe the
additional expansion of use cases for BWB, the wallet s own native
token, as this strategic partnership with Tomarket marks the beginning of a
series of sustained ecosystem growth and user engagement for all Bitget Wallet
users.
About Bitget Wallet
Bitget Wallet is Asia s largest and a leading global Web3 wallet with
over 20 million users worldwide. It offers a comprehensive range of features,
including asset management, intelligent market data, swap trading, launchpad,
inscribing, NFT• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен, DApp, and token earning center. Currently, it supports more
than 100 major blockchains, hundreds of EVM-compatible chains, and over
250,000 cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. Bitget Wallet enhances liquidity by aggregating it
across hundreds of top DEXs and cross-chain bridges, facilitating seamless
trading on nearly 50 blockchains.
For more information, users can visit: Website | Twitter | Telegram | Discord
SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this
link to register a new account and receive $600 exclusive welcome offer on
Binance ( full details ).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this
link to register and open a 100 USDT-M position for free!
