Bitget Wallet, a leading Web3 trading wallet, has hired Alvin Kan as its new Chief Operating Officer (COO). Kan is a senior executive with over 15 years of experience driving growth strategies and operations. According to his previous professional history, he has proven itself in both Web2 and Web3 industries.
Bitget Wallet Appoints New Chief Operating Officer
Most recently, the new COO served as the Head of Asia for blockchain infrastructure firm Sei Labs. Prior to that, Kan led the Asia-Pacific data team at LinkedIn and helped develop the company's expansion in the region. He also has experience in ecosystem growth from his time at BNB Chain.
According to the Bitget press releases seen by Finance Magnates, Kan aims to guide Bitget Wallet's global growth plans. He will oversee brand development, operations, and strategic initiatives.
"Bitget Wallet has always been on what we believe is the right path to chart the future of Web3 Wallets," Kan commented. "Continuous progress is key in ensuring that we continually place ourselves and our users at the forefront of Web3 innovation."
The move comes after a very strong 2023, during which the number of Bitget wallet users and the exchange itself grew significantly, along with spot volumes, which almost doubled.
Key Focus Areas for Bitget Wallet Expansion
In outlining Bitget Wallet's 2024 roadmap, the company emphasized three core areas of focus:
- Global expansion through localized teams and tailored regional strategies;
- Capturing emerging crypto narratives and assets quickly;
- and Exploring innovations in Web3 wallets, like enhanced user experiences.
To drive global growth, Bitget Wallet plans to deploy specialized local teams worldwide. The company has already seen positive outcomes from initial expansion efforts in regions like Turkey, Vietnam, and Pakistan.
Additionally, Kan wants Bitget Wallet to support new crypto trends and assets rapidly as they emerge. By bolstering the company's agility, he believes Bitget can maximize opportunities for users to capitalize on
Finally, the company plans to boost Bitget Wallet's product development. Bitget wants to strengthen its core features while pioneering new concepts in Web3 wallets. Simplifying user experiences is a top priority here.
Recent Bitget's Updates
Last month, Bitget improved the security of its platform wallets by upgrading to Multi-Party Computation (MPC) technology. MPC is designed to enhance wallet security through the use of distributed computing, homomorphic encryption, and a Trusted Execution Environment.
The Web3 crypto wallet has also launched a new "Smart Money" feature powered by artificial intelligence to track 6,000 "crypto whales" on networks like Ethereum and Bitcoin to identify potential trading signals.
Additionally, the wallet provider has revealed a strategy centered on product research, development, and expanded investments. This plan is intended to offer users advanced trading choices and a better overall asset management experience within the Bitcoin ecosystem.
