A prominent crypto derivative and copy trading platform Bitget has announced its expansion into the Middle East.
The plan includes establishing a regional headquarters and hiring 60 new staff members to support the region’s growth. Bitget aims to capitalize on the increasing crypto activity in the Middle East.
Gracy Chen, Managing Director of Bitget said, “We hope to scale our Middle East team rapidly to support business growth, with between 30 to 60 hires over the next 2 years or more across the Middle East region.”
The UAE, particularly Dubai, Abu Dhabi, and Ras Al Khaimah is among the countries they intend to explore, drawn by their crypto-friendly environment. The Middle East and North Africa (MENA) region have emerged as the home of the cryptocurrency industry.
Considering Dubai as a potential operational hub, Gracy Chen emphasized “This move is not just about business, it is about our core values, which rest on advancing blockchain and crypto adoption worldwide.”
As part of its expansion efforts, Bitget has already obtained regulatory approval as a virtual asset service provider (VASP) in Poland, showcasing its seriousness toward global expansion and its mission to promote blockchain and crypto adoption.
Also Read: Bitget Secure Polish Regulatory License, Q1 Reserve UP $80M
