Consumer-grade public chain Morph is launched on BGB, and both parties jointly promote the popularization of DeFi
On February 14, the consumer-grade public chain Morph launched the Bitget exchange's native token BGB. This move shows the joint efforts of the world's leading consumer-grade public chain and the world's leading cryptocurrency exchange to promote the popularization of blockchain applications.
It is reported that Bitget and Morph are committed to improving the practicality and convenience of decentralized applications of digital currencies. With the ZK and Optimistic Rollup technology provided by Morph, users can complete BGB transactions with lower gas fees while enjoying near-instant transaction settlement.
Bitget CEO Gracy Chen said: "Bitget has been committed to providing global users with safe and convenient digital currency trading solutions. The integration of BGB tokens into the Morph platform is another important step for us to promote the popularization of blockchain. We hope to further expand the application scenarios of BGB through Morph's technology and benefit millions of users around the world."
With the addition of BGB tokens to the Morph ecosystem, users can not only conduct financial activities such as DeFi transactions and yield mining through Morph, but also seamlessly access mainstream stablecoin assets such as USDT and USDC within the Morph network, further broadening the application space of BGB.
In addition, BGB holders can also participate in core DeFi applications such as lending, trading, and revenue generation in the Morph ecosystem, and gain a more efficient experience in cross-chain operations.
Cecilia Hsueh, co-founder and CEO of Morph, said: "We are very happy to welcome Bitget's BGB token, which will make DeFi more convenient and close to ordinary users. Through Morph's high-performance infrastructure and Bitget's large user base, we provide global users with a low-cost and efficient digital asset trading experience."
Currently, the BGB token has been launched on multiple mainstream networks such as Ethereum. After being integrated into the Morph ecosystem, it will further expand its application potential in the DeFi field.
In addition, as the unified token of Bitget's centralized and decentralized ecosystem, BGB provides holders with benefits such as transaction fee discounts, VIP privileges, and token mining through Launchpool. In 2024, BGB experienced amazing growth, with its market value soaring by more than 1,000% in the past year, and has exceeded 100 times growth since its launch.
For more details, please visit Bitget and Morph official websites.
About Morph
Morph is an innovative consumer-grade public chain in the blockchain field, dedicated to building a resource aggregation center to provide developers with the core support needed to build and expand large-scale applications. The platform adopts a hybrid technology solution of ZK Rollup and Optimistic Rollup, combined with a decentralized sequencer, to create unlimited possibilities for mainstream users, making blockchain technology more intuitive and easy to use, and providing an ideal infrastructure for Web3 developers.
Bitget is one of Morph's early investors and will continue to promote the development of the Morph ecosystem and shape its future together with other investors.
About Bitget
Founded in 2018, Bitget now serves more than 100 million users in more than 150 countries and regions. The platform provides intelligent trading tools, real-time market data, and has the industry-leading multi-chain Web3 solution Bitget Wallet, which supports token exchange, NFT trading and decentralized applications (dApps). In addition, Bitget also cooperates with global sports leagues and well-known athletes to promote the global popularity and widespread application of cryptocurrencies.
