thenewscrypto.com
- Bitget Global partners with Tron blockchain and acquired TRX tokens worth $10 million.
- This partnership strengthens Tron blockchain further, enhancing its use cases in the blockchain ecosystem.
One of the leading crypto exchanges, Bitget and a well-known blockchain platform Tron formed a strategic partnership today. Apart from this partnership, Bitget also announced the acquisition of $10 million TRX tokens. While Bitget is a top crypto exchange with over 45 million users, Tron is the most reliable layer 1 blockchain. Both of the platforms mutually benefit from its strategic partnership.
Tron layer 1 blockchain has been serving developers, institutions, and users across the world. The network proved itself to be one of the most trusted and reliable blockchains for on-chain settlement of USDT payments. With over 278 million user accounts, Tron is known for its fast transactions at low fees.
Bitget Collaborates with Tron in a Strategic Partnership
The collaboration with Bitget fosters Tron’s position in the blockchain ecosystem. It helps Tron to gain market dominance and broadens its global network of use cases within the system. Some of the areas where this partnership helps Tron are centralized exchange services, DeFi services, and other innovative decentralized applications.
Referring to the strategic partnership with Tron, Bitget CEO says,
“At Bitget, we believe in collaboration with leading ecosystems that have real-world impact, and we’re excited to see how this initiative will bring more value to both parties and the global crypto community.”
On the other hand, Tron founder Justin Sun also expressed his excitement regarding this collaboration. He looks forward to seeing this collaboration more closely to empower developers and make TRON accessible to everyone. Overall, this strategic collaboration between Tron and Bitget will be beneficial to each other and makes blockchain applications more accessible to users and developers at low cost.