Video Description
Bitget CEO Gracy Chen sits down to explain why the old exchange model, where one platform clears, trades, and custodies everything, has hit its limit. She unveils the Bitget Open Custody Network for the first time: custody moves to banks and specialist firms, while users keep trading on Bitget.
She explains who the custodians will be, why institutions and VIP clients come first, and what it costs in convenience. Her three-year success test: at least half of Bitget’s AUM held by third-party custodians, with no breaches and a smooth user experience.
She also touches on the recent security events that pushed the move, and on how crypto is growing up as NYSE, Nasdaq, JPMorgan, and BlackRock go onchain.
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https://x.com/GracyBitget
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THE SHIFT...
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