Summary
- Bitget announced that it has experienced exponential growth through the ecosystem merger of BWB and BGB.
- BGB will act as the exchange's native token and is expected to have infrastructure for PayFi application expansion.
- The token exchange rate is set at 0.08563.
Global cryptocurrency exchange Bitget has announced the merger of the Bitget Wallet Token (BWB) and Bitget Token (BGB) ecosystems.
On the 26th (local time), Bitget stated through its official channels, "Bitget has experienced exponential growth thanks to the continuous support of the community and the expansion of use cases. We are announcing the merger of BWB and BGB so that the entire Bitget ecosystem can share in this growth."
Following the merger of BGB and BWB, the merged token BGB will serve as the exchange's native token and is expected to have infrastructure for future PayFi application expansion, payments, and financial solutions. The token exchange rate according to exchange rate data (0.3934 / 4.5940 = 0.08563) is set at 0.08563.
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