On February 14, the consumer-grade public chain Morph launched the native token BGB on the Bitget exchange. This move demonstrates the joint efforts of a globally leading consumer-grade public chain and a top cryptocurrency exchange to promote the widespread adoption of blockchain applications.
It is reported that Bitget and Morph are committed to enhancing the practicality and convenience of decentralized applications for digital currencies. With the ZK and Optimistic Rollup technologies provided by Morph, users can complete BGB transactions with lower gas fees while enjoying near-instant transaction settlements.
Bitget CEO Gracy Chen stated, "Bitget has always been dedicated to providing safe and convenient digital currency trading solutions for global users. The integration of the BGB token into the Morph platform is another important step in our efforts to promote blockchain adoption. We hope to further expand the application scenarios of BGB through Morph's technology, benefiting millions of users worldwide."
With the addition of the BGB token to the Morph ecosystem, users can not only engage in DeFi trading, yield mining, and other financial activities through Morph but also seamlessly access mainstream stablecoin assets like USDT and USDC within the Morph network, further broadening the application space for BGB.
Additionally, BGB holders can participate in core DeFi applications within the Morph ecosystem, such as lending, trading, and yield generation, and enjoy a more efficient experience in cross-chain operations.
Cecilia Hsueh, co-founder and CEO of Morph, expressed, "We are excited to welcome Bitget's BGB token, which will make DeFi more convenient and accessible to ordinary users. Through Morph's high-performance infrastructure and Bitget's large user base, we provide a low-cost and efficient digital asset trading experience for users worldwide."
Currently, the BGB token has been launched on several mainstream networks, including Ethereum, and its integration into the Morph ecosystem will further expand its application potential in the DeFi space.
Moreover, as a unified token for Bitget's centralized and decentralized ecosystems, BGB offers holders benefits such as trading fee discounts, VIP privileges, and token mining through Launchpool. In 2024, BGB experienced remarkable growth, with its market value soaring over 1000% in the past year, achieving over 100 times growth since its launch.
For more details, please visit the official websites of Bitget and Morph.
About Morph
Morph is an innovative consumer-grade public chain in the blockchain field, dedicated to creating a resource aggregation center that provides developers with the core support needed to build and scale large applications. The platform employs a hybrid technology solution of ZK Rollup and Optimistic Rollup, combined with a Decentralized Sequencer, to create infinite possibilities for mainstream users, making blockchain technology more intuitive and user-friendly, and providing ideal infrastructure for Web3 developers.
Bitget is one of the early investors in Morph and will continue to promote the development of the Morph ecosystem in the future, shaping its future landscape alongside other investors.
About Bitget
Founded in 2018, Bitget now serves over 100 million users in more than 150 countries and regions. The platform offers smart trading tools, real-time market data, and features the industry-leading multi-chain Web3 solution Bitget Wallet, supporting token exchanges, NFT trading, and decentralized applications (dApps). Additionally, Bitget collaborates with global sports leagues and renowned athletes to promote the global adoption and widespread application of cryptocurrency.
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