Bitget CEO: Institutional clients drive 80% of its spot trading volume, on par with Coinbase

ChainCatcher news, Bitget CEO Gracy Chen tweeted, "Since January, Bitget has enhanced its institutional services, such as upgrading our loan program, increasing liquidity incentives, and planning to launch a unified margin account in the third quarter to improve capital efficiency. Currently, 80% of top crypto quant firms are trading on Bitget; institutional clients drive 80% of our spot trading volume, on par with Coinbase; in six months, our futures trading volume share has doubled to 50%, with a target of over 70% by the end of the year; institutional assets under management (AUM) have also doubled."