TechFlow News, April 17: Xie Jiayin, Bitget’s Head of Chinese Markets, disclosed several key business updates. In terms of liquidity, Bitget ranked first globally among centralized exchanges (CEXs) for net fund inflows over the past seven days; its BTC reserves grew 86% year-on-year to 36,700 BTC. According to TokenInsight’s report, Bitget ranks in the top two globally for both derivatives and spot liquidity. Strategically, the platform continues advancing its transformation into the UEX all-in-one exchange: this quarter, it completed a full app redesign, fully launched CFD trading (supporting 79 assets with up to 500x leverage), and expanded its U.S. equity token offering to 263 instruments. Per CoinGlass data, Bitget holds the largest open interest in U.S. equity derivatives globally, and its CFD daily trading volume exceeded $6 billion.
On the product front, Bitget launched IPO Prime—an innovative token sale platform—with its inaugural listing being preSPAX, a digital token mirroring the returns of SpaceX’s potential public listing. Additionally, Bitget completed a three-layer reconstruction of its AI trading engine and introduced GetClaw, a cloud-based AI trading assistant enabling users to execute automated live trades via natural-language instructions.
Regarding its VIP ecosystem, Bitget has established a $5 million Protection Fund and is distributing nearly 1,000 preSPAX tokens to VIP users in two free airdrops: the first round (760 tokens) was distributed on April 16, and the second round (190 tokens) will be distributed on April 20.
