Bitget hires more employees as demand for Bitcoin and BRC-20 tokens surges.
Bitget has expanded its workforce in anticipation of developments in the crypto industry, particularly in the areas of AI, Bitcoin (BTC), and Ethereum (ETH). The exchange hired around 400 new employees in 2023, increasing its total headcount from 1,100 to 1,500. This move was driven by the need to leverage technological advancements that have sparked increased interest in Bitcoin and demonstrated its value in traditional markets. Bitget also highlighted the emergence of inscriptions and BRC-20 tokens following the launch of Casey Rodarmor’s ordinals protocol. Additionally, Bitget expects further growth in Ethereum’s ecosystem with the upcoming Cancun and Dencun updates. These updates will enhance off-chain data storage and retrieval, improve scalability, and address high gas fees. Bitget and its managing director, Gracy Chen, believe in the long-term potential of combining AI and blockchain. The AI-centric crypto industry has seen significant growth, with a market cap exceeding $9 billion and a 540% increase in 12 months. However, the future of the sector may be influenced by regulatory developments as more jurisdictions focus on standardizing crypto activities.
