The cryptocurrency exchange Bitget has published a detailed report for May 2025, highlighting significant growth in key metrics, the launch of innovative products, expansion of global presence, and implementation of social initiatives.
This is reported by Finway
Trading Growth and Market Leadership
In May, the market capitalization of cryptocurrencies remained in the range of $3.6 trillion to $3.28 trillion. The average daily trading volume in the market reached $84.4 billion. Despite phases of consolidation, Bitget recorded a 21% increase in total trading volume and a 26% increase in futures trading. The spot trading volume reached $107 billion, allowing the exchange to secure third place among platforms with a market share of 8.9%, trailing only Binance and Bybit.
Throughout the month, Bitget attracted over 500,000 new users, bringing the total number of registrations in Q2 2025 to over 2 million.
“The company also recorded one of the highest Proof of Reserves ratios in the industry at 192%, and the user protection fund reached a record $725 million, confirming its long-term commitment to asset security and transparency,” the company emphasized.
Innovations, New Products, and Social Initiatives
In May, Bitget Wallet underwent rebranding under the slogan “Crypto for Everyone” and introduced a series of important updates. These included the integration of Paydify, facilitating cryptocurrency purchases in Latin American countries, the launch of the “Shop with Crypto” marketplace supporting over 300 global brands, and the introduction of the Bitget Wallet Alpha mobile hub for token discovery and instant trading across more than 130 blockchains.
Bitget continued to develop strategic partnerships, including collaboration with Sweat to expand access to cryptocurrencies in Southeast Asia, and together with Cryptita, launched a blockchain encyclopedia for youth aimed at early crypto education.
Among the new releases: the launch of Bitget Live streaming and the introduction of the BGUSD stablecoin, pegged to USDC and backed by tokenized real-world assets, including U.S. Treasury bonds.
Bitget Wallet received the status of the official wallet for the Mini Dapp Portal from LINE, granting 196 million users access to games and services within the Kaia Chain ecosystem.
In May, the exchange expanded its range of available assets by adding:
- RLUSD — a stablecoin from Ripple, backed by the U.S. dollar;
- Shardeum — a scalable first-layer blockchain compatible with EVM, focused on DeFi solutions and smart contracts;
- USD1 — a stablecoin from World Liberty Financial, linked to the family of U.S. President Donald Trump.
The company also implemented a number of social initiatives:
- The Blockchain4Youth program celebrated its second anniversary and reached over 8,000 participants from more than 70 countries;
- Support for the Google hackathon “Build With AI”;
- Humanitarian aid for earthquake victims in Myanmar;
- Expansion of the Starlink program in the Philippines to connect remote islands to the internet and Web3.
Bitget emphasizes that the implementation of innovations in the interaction between fiat and crypto assets, as well as a focus on real-world applications of Web3, positions the company at the forefront of the ongoing evolution of the crypto market. The full transparency report can be accessed via this link.