Crypto exchange Bitget plans to double workforce to 1,000 over next six months

Singapore-based crypto exchange Bitget plans to double its workforce to 1,000 employees over the next six months despite the current market downturn, it said in a news release on Thursday.

Since the beginning of the second quarter, the overall crypto market has been on a downward trend, which has cut short a lot of projects and led to headcount reductions in various global crypto operators.

Still, Bitget, which was founded in 2018 and offers its users crypto copy trading, has been experiencing growth and generating strong cash flow amid less-than-perfect market conditions.


Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy