Animoca Brands Report: Bitget Challenges Major Exchanges With Its Universal Exchange Model
Cryptocurrency trade Bitget has been featured in a current Animoca Brands report titled “Exchanges’ Next Phase: Reaching the Mainstream,” which explores how exchanges are evolving into major entry factors for the on-chain economic system. The report cites Bitget’s Universal Exchange (UEX) idea as a outstanding instance of centralized platforms increasing past conventional cryptocurrency buying and selling into tokenized belongings and real-world monetary functions.
Centralized exchanges have performed a big function within the development of cryptocurrency adoption, creating from primary OTC providers into advanced, multi-layered monetary platforms. According to the report, whereas centralized venues proceed to offer nearly all of liquidity, the way forward for adoption will rely upon exchanges’ potential to maneuver past buying and selling and performance as built-in gateways for funds, decentralized finance (DeFi), and tokenized belongings. Bitget’s positioning inside this pattern is highlighted, with the UEX method seen as a possible driver of broader participation throughout each retail and institutional markets.
Bitget’s UEX Model Showcased As Blueprint For Hybrid, Institutional-Ready Crypto Exchanges In Animoca Brands Report
The report additionally notes that Bitget’s UEX strategy is mirrored in its product improvements, which cater to a rising demand for hybrid fashions. Offerings reminiscent of AI-powered buying and selling through GetAgent, on-chain integration for early-stage token entry, and inventory futures illustrate the conclusion that exchanges prone to succeed are people who combine buying and selling, funding, and real-world utility inside a single platform.
“Our imaginative and prescient is obvious: exchanges can now not be simply buying and selling venues. They should function bridges, giving customers a easy but highly effective technique to transfer between centralized and decentralized worlds,” stated Gracy Chen, CEO of Bitget, in a written assertion. “The UEX mannequin represents this future, and this report reinforces why we’re assured it’s the proper path,” she added.
Animoca Brands underscored the importance of this evolution. “The report exhibits how exchanges like Bitget are evolving from liquidity hubs into cultural and monetary gateways for the whole ecosystem,” stated Ming Ruan, Head of Research and Data at Animoca Brands, in a written assertion. “It’s a shift that brings collectively gaming, funds, id, and tokenized belongings, creating an on-chain world that’s each accessible and scalable,” he added.
The report highlights that exchanges most definitely to guide the market will probably be people who set up belief with institutional members whereas additionally accommodating retail adoption by way of partaking, culturally related initiatives and streamlined consumer experiences. Bitget’s adoption of the UEX mannequin displays this method, advancing partnerships and improvements and demonstrating how exchanges can operate as complete, common entry factors.
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