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Reading: Bitget introduces institutional services in Nigeria to strengthen fintech innovation – Businessday NG
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Blockchain

Bitget introduces institutional services in Nigeria to strengthen fintech innovation – Businessday NG

Last updated: July 1, 2025 11:00 pm
Published: 10 months ago
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Bitget, a global cryptocurrency exchange and Web3 company, has announced the launch of its institutional services in Nigeria. This new offering is aimed at supporting local fintech companies by providing access to Bitget’s trading infrastructure, tools, and liquidity systems.

Speaking on the development, Bitget CEO Gracy Chen said, “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities.” She explained that the new service was designed to meet the operational needs of fintech platforms in the country.

The launch introduces a comprehensive service suite tailored to institutional clients, including trading firms, fintech startups, and enterprises. According to Bitget, the initiative provides an open framework that allows businesses to embed crypto trading functionalities into their platforms. Key features include Application Programming Interface (API) integration, white-label solutions, broker systems, proof of reserves, and access to the Bitget Protection Fund.

The institutional service suite includes the White-label Broker Services, enabling fintech companies to build customised exchanges using Bitget’s infrastructure. These platforms can manage branding and user interfaces independently while relying on Bitget’s backend systems.

Another offering is the API Solutions, allowing developers to integrate trading functions such as spot, margin, and derivatives markets into their platforms. The ND Broker Model gives clients full control over user-facing platforms while using Bitget’s liquidity infrastructure for backend operations.

The services are supported by Bitget’s Protection Fund and Proof of Reserves, which currently hold over $600 million. These tools aim to provide transparency and assure clients of fund security, particularly in volatile market conditions.

Chen noted that “the Nigerian fintech industry, which has seen rapid growth in mobile payment systems and blockchain adoption, is ripe for integrating high-value crypto solutions.” She added that Bitget seeks to become a strategic partner for fintechs in Nigeria by providing resources and support to build strong crypto marketplaces.

Bitget will also offer marketing and operational support to its institutional partners. This includes promotional campaigns, media visibility, and user engagement tools such as custom trading competitions. These efforts are expected to help fintech platforms attract users and grow their customer base.

Read more on Businessday NG

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