Crypto exchange Bitget to expand workforce by 50%, registers in Seychelles
Cryptocurrency exchange Bitget plans to hire about 400 more staff, taking its total workforce to 1,200 by the first quarter of 2023, the company said in a statement on Tuesday.
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Fast facts
Bitget currently has over 800 employees.
In the same statement, the exchange also announced its registration in Seychelles because it views “Seychelles as a friendly region for the crypto community.”
The new registration in Seychelles is under the 2016 International Business Companies Act, the statement said.
Bitget has regional hubs in Asia and Latin America markets and is planning on establishing regional hubs in Europe and Africa.
Earlier this month, Bitget launched a US$5 million Builders’ Fund to help partners and traders affected by crypto exchange FTX’s collapse.
The exchange also increased its Protection Fund to US$300 million from US$200 million in August, aimed at safeguarding users’ assets.
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