Bitget Wallet Hits 20 Million Users, Joins Top Web3 Wallets
Bitget Wallet has achieved a phenomenal milestone, surpassing 20 million users worldwide. This impressive feat solidifies its position as the fourth-largest Web3 wallet globally, a position earned through a commitment to innovation and a strong user focus.
Harnessing Innovation for Growth
Since its launch in May 2018, Bitget Wallet has positioned itself at the forefront of Web3 infrastructure development. Driven by a mission to provide unrestricted access to the Web3 world for all, the company has combined strategic foresight with relentless product development. This approach has fueled exponential user growth, marking a remarkable trajectory in its five-year journey.
Bitget Wallet's strategic vision was evident during the 2020 DeFi boom. By adopting DEX quotations early on, they significantly enhanced user experience for asset discovery and on-chain trading. This move garnered widespread interest, which continued to rise with the emergence of NFTs and the metaverse. Recognising this trend, Bitget Wallet expanded its offerings to include an NFT marketplace, further propelling its growth.
As decentralised trading entered the mainstream, Bitget Wallet remained at the forefront by integrating Swap trading functionality. They also became the industry's first to offer aggregated cross-chain DEX market data and facilitate gas-free cross-chain transactions. These innovative features within the Swap product have been instrumental in attracting a wider user base.
The company's commitment to innovation was further solidified in 2022 with a successful $15 million Series A funding round led by Dragonfly Capital, valuing the company at $100 million. This achievement was further bolstered by a strategic $30 million investment from Bitget Exchange, propelling its valuation to $300 million.
User-Centric Innovations and New Opportunities
Understanding the industry's shift towards community-driven narratives, Bitget Wallet has become a leader in the discovery and trading of meme coins. Their superior functionality in this niche has attracted a dedicated user base. This success is built upon Bitget Wallet's comprehensive infrastructure, which features advanced market analysis tools, full-chain trend analysis, multi-dimensional market rankings, and insights into smart money movements across 100 mainstream blockchains.
COO Alvin's focus on "New Assets" and "New Opportunities" reflects Bitget Wallet's commitment to leading market innovation. This commitment manifests through supporting new blockchains, listing new tokens, introducing a Launchpad platform, and unveiling inscription functions. These initiatives are strategically designed to unlock new assets and opportunities for users.
Further solidifying their user-centric approach, Bitget Wallet recently launched its ecosystem token, BWB. This token plays a central role in fostering a robust ecosystem, especially after surpassing the 20 million user landmark. As Bitget Wallet continues to innovate and prioritise user needs, we can expect even greater things in the future.
