DeFi Daily News
Wednesday, October 22, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Metaverse

rewrite this title Bitget To Transfer 440M BGB To Morph Foundation, Establishing BGB As Gas And Governance Token On Morph Chain

Alisa Davidson by Alisa Davidson
September 2, 2025
in Metaverse
0 0
0
rewrite this title Bitget To Transfer 440M BGB To Morph Foundation, Establishing BGB As Gas And Governance Token On Morph Chain
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

by
Alisa Davidson


Published: September 02, 2025 at 10:21 am Updated: September 02, 2025 at 10:21 am

by Ana


Edited and fact-checked:
September 02, 2025 at 10:21 am

To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.

In Brief

Bitget has partnered with Morph to transfer 440 million BGB tokens, establishing Morph as the primary onchain home for BGB and integrating Bitget’s infrastructure to expand its use in payments, governance, and Web3 consumer finance.

Bitget To Transfer 440M BGB To Morph Foundation, Establishing BGB As Gas And Governance Token On Morph Chain

Cryptocurrency exchange Bitget announced a strategic collaboration with Morph, an EVM-based platform focused on payments and onchain consumer finance, aiming to enhance the utility of BGB across multiple projects. 

Under the agreement, Bitget will transfer full control of 440 million BGB tokens to the Morph Foundation. Of this total, 220 million BGB will be permanently burned, while the remaining 220 million will be locked and gradually released at a rate of 2% per month to support liquidity incentives, new use cases, and educational initiatives. Morph will serve as the primary onchain home for BGB and act as the settlement layer for over 120 million users, with BGB functioning as both the gas and governance token of the upgraded high-performance network.

Morph will retain its brand, team, and strategic vision, continuing its focus as a Layer 2 solution dedicated to cryptocurrency payments. The platform seeks to evolve into a next-generation Web3 payment infrastructure, expanding beyond cost and performance efficiency to deliver scalable consumer finance solutions, with integrations spanning wallets, decentralized finance (DeFi) protocols, stablecoins, and global payment providers.

“Morph has always had a close relationship with Bitget since its founding. There are projects we have always dreamed of collaborating on, but much of our growth so far has been autonomous,” said Colin Goltra, CEO of Morph, in a written statement. “Through this strategic initiative, we are excited for Morph to become the home of Bitget’s onchain initiatives and to support the millions of BGB holders around the world,” he added.

Bitget And Bitget Wallet To Fully Integrate Infrastructures Into Morph Ecosystem, Strengthening Onchain Payments And Developer Access

In order to support Morph’s long-term development, Bitget and Bitget Wallet will integrate their full infrastructures into the Morph ecosystem, unifying payment, trading, and related services on the chain. This integration will include native compatibility with stablecoin issuers, local currencies, and international payment providers, providing developers and merchants with a reliable platform for building decentralized payment applications at scale.

Morph Rails will act as the core infrastructure for this expansion, enabling hackathons, developer programs, and direct assistance for emerging projects. Developers leveraging Morph will have access to Bitget’s and Bitget Wallet’s network of over 120 million users, linking their applications to a large onchain audience. With this support, Morph is positioned to serve as a central settlement layer for the next generation of PayFi and consumer finance solutions.

“BGB has found its home onchain with Morph, marking a new chapter in its journey,” said Karry Cheung, CEO of Bitget Wallet, in a written statement. “We are thrilled to invite millions of users to experience BGB and find utility in entirely new ways. Over the next 12 months, we will see an acceleration of BGB migration onto Morph Layer and deeper partnerships between Morph and Bitget Wallet to enable seamless Web3 payments and onchain consumer finance,” she added.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles


Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








More articles

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 440MBGBBitgetchainestablishingFoundationGasGovernanceMorphrewritetitletokenTransfer
ShareTweetShare
Previous Post

Dem BREAKS with party, backs Trump on crime ‘1000%’

Next Post

rewrite this title Bitcoin, XRP and Solana Bounce Back: Here’s What’s Going On – Decrypt

Next Post
rewrite this title Bitcoin, XRP and Solana Bounce Back: Here’s What’s Going On – Decrypt

rewrite this title Bitcoin, XRP and Solana Bounce Back: Here’s What’s Going On - Decrypt

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Why Outlet Malls Are Struggling In The U.S.

Why Outlet Malls Are Struggling In The U.S.

July 16, 2024
rewrite this title Soulframe Joineries and reforging guide

rewrite this title Soulframe Joineries and reforging guide

July 28, 2025
Live Coverage of Triathlon Decision at Olympics 2024 as Beth Potter and Alex Yee Compete for Gold

Live Coverage of Triathlon Decision at Olympics 2024 as Beth Potter and Alex Yee Compete for Gold

July 31, 2024
rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

September 29, 2025
Use rhino.fi to make payments with cryptocurrency and maintain your anonymity

Use rhino.fi to make payments with cryptocurrency and maintain your anonymity

August 14, 2024
rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for .7 billion, in Buffett’s biggest deal in three years

rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years

October 2, 2025
rewrite this title Dax Shepard Joked About Hitting Kristen Bell ‘Several Times’ In Resurfaced Interview Years Before ‘Tone-Deaf’ Anniversary Post! – Perez Hilton

rewrite this title Dax Shepard Joked About Hitting Kristen Bell ‘Several Times’ In Resurfaced Interview Years Before ‘Tone-Deaf’ Anniversary Post! – Perez Hilton

October 22, 2025
rewrite this title Reddit sues Perplexity and three other companies for allegedly using its content without paying

rewrite this title Reddit sues Perplexity and three other companies for allegedly using its content without paying

October 22, 2025
rewrite this title Finzly’s Agentic Galaxy Offers Deployable AI Agents for Payments – Finovate

rewrite this title Finzly’s Agentic Galaxy Offers Deployable AI Agents for Payments – Finovate

October 22, 2025
rewrite this title Virtual Staging Tech is So Good Now That It’s Earning Flippers and Investors More Money

rewrite this title Virtual Staging Tech is So Good Now That It’s Earning Flippers and Investors More Money

October 22, 2025
rewrite this title Bitcoin Price May Briefly Dip Below 0k Soon, Standard Chartered Analyst Says

rewrite this title Bitcoin Price May Briefly Dip Below $100k Soon, Standard Chartered Analyst Says

October 22, 2025
rewrite this title Jannik Sinner on song with Vienna waltz at the Erste Bank Open to maintain year-end No 1 hopes

rewrite this title Jannik Sinner on song with Vienna waltz at the Erste Bank Open to maintain year-end No 1 hopes

October 22, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.