Bitget and TRON Lock in $10M Deal for Blockchain Growth

Crypto exchanges and Web3 platform Bitget are strategically collaborating with TRON, one of the best blockchain networks, to render blockchain technology more usable and accessible worldwide.

And to seal the deal, Bitget has invested in $10 million worth of TRX, used as the utility token for TRON. This partnership will spur growth across the TRON ecosystem, especially in DeFi, CEX, and other cutting-edge blockchain applications.

“At Bitget, we believe collaboration with leading systems that make a real difference is very important,” said Gracy Chen, CEO of Bitget, in the press release. “We look forward to seeing what this project will bring about for both parties and the global crypto community.”

TRON is one of the most trusted blockchain networks by developers, institutions, and users around the world. It boasts over 278 million user accounts and has processed a whopping 9 billion transactions.

Also, it is famous for its quick and cheap on-chain payments. It plays a vital part in settling USDT stablecoin payments and has a daily on-chain transaction of over $10 billion.

Justin Sun, the founder of TRON, commented on X. He said, “I am excited about our strategic collaboration with Bitget Global to support ecosystem growth. I look forward to seeing TRON collaborate with Bitget to empower developers and make TRON more accessible for everyone.”

Bitget was founded in 2018, and it is one of the best international crypto exchanges, serving over 45 million users in 150 countries. It is mainly known for its special copy-trading feature and scores of other Web3 tools, including a multi-chain wallet and NFT marketplace.

Moreover, the exchange has also done several partnerships this year, such as being the Official Crypto Partner of LALIGA in Latin America, Southeast Asia, and other regions.

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