Bitget Expanding Operations in the Middle East and Hiring New Staff
Bitget, a crypto exchange, is planning to expand its operations in the Middle East and hire new staff members as part of its global scaling plans. The company already has office space in downtown Dubai, but this is just the beginning.
Key Points:
– Bitget aims to rapidly scale its Middle East team to support business growth, with plans to hire between 30 to 60 new staff members over the next 2 years.
– Dubai is being considered as a potential operational hub for the company.
– Bitget is currently exploring license applications to operate in select Middle East markets.
– Founded in 2018, Bitget recently launched in Turkey and serves over 8 million users from more than 100 countries and regions.
– According to a report from crypto research firm TokenInsight, Bitget’s share of the global market increased during the second quarter of the year, making it the world’s fourth largest exchange with 8.7% market share.
Hot Take
Bitget’s expansion into the Middle East and plans to hire new staff members reflect its ambitions for global growth. The company’s focus on scaling its operations in the region, along with its consideration of Dubai as an operational hub, highlights the growing importance of the Middle East in the crypto industry. With a significant increase in its market share, Bitget is positioning itself as a major player in the global crypto exchange market.
By
By
By
