Innovative Collaboration in the Crypto Industry

Victoria, Seychelles, June 28th, 2024, Chainwire

Bitget Wallet, a prominent Web3 wallet and DeFi platform, has partnered with crypto investment firm Foresight X to invest in Tomarket, a decentralized trading platform catering to emerging asset classes.

Tomarket, developed by industry experts from renowned firms like Binance and Microsoft, aims to expand beyond the offerings of traditional decentralized exchanges (DEXs). The platform is tailored to facilitate the trading of Real World Assets (RWA), crypto asset yield swaps, crypto points, pre-TGE assets, and other innovative asset types. Its objective is to boost liquidity and value discovery within these sectors.

To tap into the vast trillion-dollar market represented by these new asset narratives, Tomarket will initially launch as a Telegram mini-app in July. This launch strategy aims to provide users with a convenient and user-friendly entry point into this groundbreaking platform.

The year 2024 signifies a pivotal period of growth for the crypto industry, catalyzed by events such as the Bitcoin halving and the SEC's approval of the Bitcoin ETF. During this growth phase, various new asset classes and narratives have emerged, including crypto project points trading, pre-TGE tokens, RWA assets, and interest rates on digital assets. Despite their high trading potential and demand, these new assets encounter challenges such as liquidity issues and high transaction costs. The creators of Tomarket identified these challenges and developed the platform to unlock the full potential of these assets.

Alvin Kan, the COO of Bitget Wallet, expressed enthusiasm for the collaboration, emphasizing the importance of exploring new asset types such as RWAs and points in the crypto industry. He highlighted Bitget Wallet's dedication to meeting evolving user needs through investments and collaborations like the one with Tomarket.

Earlier this year, Bitget Wallet introduced the Bitget Onchain Layer, an intermediary layer aimed at simplifying user interaction within the Web3 ecosystem. Tomarket, as a key ecosystem partner, will be deeply integrated into Bitget Wallet, marking the beginning of a series of ecosystem growth initiatives. This strategic partnership is expected to expand the utility of BWB, Bitget Wallet's native token, benefiting all users.

About Bitget Wallet

Bitget Wallet is a leading global Web3 wallet serving over 20 million users worldwide. Offering a wide array of features such as asset management, intelligent market data, swap trading, launchpad, NFT support, DApp integration, and token earning capabilities, Bitget Wallet supports more than 100 major blockchains and over 250,000 cryptocurrencies. By aggregating liquidity from numerous DEXs and cross-chain bridges, the wallet facilitates seamless trading across nearly 50 blockchains.

For more information, please visit the official website.

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