Crypto firms moving into Wall Street territory amid ‘growing synergy’

There’s a “growing synergy” between the worlds of traditional finance and cryptocurrency, as crypto platforms plan more TradFi offerings, Bitget CEO Gracy Chen told Cointelegraph.

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi).

“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.

“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.

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