Latest news with #Launchpool
Business Insider
21-06-2025
- Automotive
- Business Insider
Bitget Launchpool to List DeLorean (DMC), Offering 66 Million Tokens in Rewards
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the upcoming listing of DeLorean (DMC) on its Launchpool platform, with a total reward pool of 66,176,000 DMC tokens. Participants will have the opportunity to lock BGB or DMC tokens to earn a share of the reward allocation. The locking period will begin on June 24, 2025, at 11:00 UTC and conclude on June 26, 2025, at 11:00 UTC. DeLorean Labs, the Web3 division of the DeLorean Motor Company, is integrating blockchain into the automotive sector with a platform designed for tokenized electric vehicles. Through the DeLorean Protocol, the company has created an ecosystem where vehicle ownership, usage, maintenance, and transaction history are stored on-chain. The protocol enables a verified, trackable and tradable experience for collectors and consumers, with real-time data integrated into digital assets. The $DMC token operates as the backbone of this environment, driving interactions across reservation systems, vehicle marketplaces, and data services. The Launchpool campaign will feature two separate pools. The primary pool allows users to lock Bitget's native token, BGB, with 59,776,000 DMC tokens allocated for eligible participants. A second pool offers an additional 6,400,000 DMC to those who choose to lock DMC tokens directly. Participation tiers and locking limits vary based on user VIP level, with proportional airdrops distributed on an hourly basis throughout the campaign. Locked assets will remain accessible for early unlocking at the user's discretion, and are automatically returned upon the campaign's end. The introduction of DeLorean (DMC) via Launchpool follows Bitget's broader strategy to highlight utility-focused tokens that combine real-world application with strong brand equity. DeLorean's transition into a tokenized mobility platform represents a notable intersection of automotive innovation and blockchain infrastructure, aligning with ongoing trends toward asset digitization and on-chain transparency. The DMC token will be available for trading on Bitget following the conclusion of the Launchpool campaign. To know more about the DMC token listing please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Cision Canada
13-06-2025
- Business
- Cision Canada
BingX Launchpool to Introduce SG Coin (SGC) with Early Access Rewards
PANAMA CITY, June 13, 2025 /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, is expanding its reach into the gaming ecosystem with the introduction of SG Coin (SGC) through its Launchpool. This Launchpool brings SG Coin to a broader market, marking an exciting leap forward for both BingX and blockchain-powered gaming. From June 13 to June 17, users can stake USDT or BTC in the Launchpool to earn SGC tokens ahead of their official spot trading debut. SG Coin (SGC) is the governance and utility token for KAI SANGOKUSHI TAISEN, a strategic card battle game developed by double under license from SEGA CORPORATION. Based on the hit Sangokushi Taisen series with over 1 million players, the game lets users earn and spend SGC on card packs and marketplace trades. Produced by legendary arcade game creator Mr. Nishiyama and backed by major investors like SBI Group and SONY Group, the game is now launching its token via BingX Launchpool, giving users early access before its spot trading debut. Through this Launchpool, BingX users can stake USDT or BTC in three different pools - USDT pool, BTC pool, and the new user pool — to earn SG Coin (SGC) before official spot trading. BingX users who stake for at least 48 hours can unlock additional bonus rewards. And new users who join during the campaign period will also receive exclusive benefits. In addition, the Invite feature allows users to earn extra rewards by bringing friends into the campaign. Vivien Lin, Chief Product Officer of BingX, shared her thoughts: "We are excited to introduce SG Coin through BingX Launchpool, a significant step in merging blockchain with gaming innovation. By offering early access to SG Coin, we are empowering our users to explore the future of Web3 gaming. This launch marks that we will roll out many more strategic initiatives aimed at bringing high-quality, blockchain-driven experiences to our platform." About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Finextra
27-05-2025
- Business
- Finextra
Bitget launches yield-bearing stablecoin asset
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. 0 BGUSD is fully integrated into the platform's trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Holding BGUSD provides users with an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following launch, a promotional APY of 5% will apply. The asset derives its yield from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB). "At Bitget, our mission has always been to prioritize our users' needs — whether they come from the crypto-native community, institutional circles, or traditional finance. With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. This launch is another step in empowering our global users to achieve smarter, more resilient portfolio growth," said Gracy Chen, CEO at Bitget. This structure positions BGUSD as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget's reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%. More than a tool for preservation, BGUSD is built for active deployment and fully supports Bitget's broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset's full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency.
Business Upturn
27-05-2025
- Business
- Business Upturn
Bitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity
VICTORIA, Seychelles, May 27, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. BGUSD is fully integrated into the platform's trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Holding BGUSD provides users with an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following launch, a promotional APY of 5% will apply. The asset derives its yield from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB ). 'At Bitget, our mission has always been to prioritize our users' needs — whether they come from the crypto-native community, institutional circles, or traditional finance. With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. We've built BGUSD to unlock passive income and make yield generation as seamless as holding a stablecoin. This launch is a new step in how we connect traditional finance's strengths with the agility of Web3 — and it's just the beginning,' said Gracy Chen, CEO at Bitget. This structure positions BGUSD as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget's reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%. More than a tool for preservation, BGUSD is built for active deployment and fully supports Bitget's broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset's full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency. For more information on BGUSD, visit here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Crypto Insight
16-05-2025
- Business
- Crypto Insight
Binance revamps Launchpool, streamlines the BNB experience
By reducing friction on Launchpool participation and BNB benefits, Binance aims to create a smoother experience for both new and seasoned crypto participants. Last year, nearly 19 out of every 20 dollars in exchange-hosted airdrops flowed through global crypto exchange Binance — 94% of the $2.7 billion total, according to CoinMarketCap. Much of that windfall reached BNB holders, who tapped 21 Launchpool campaigns worth $1.75 billion without paying trading fees or leaving the app. Now Binance is tightening the feedback loop even further: a rebuilt Launchpool dashboard and an all-in-one BNB utility page bring staking, real-time rewards and historical yield data under one tap. For users, the update turns what was once a multi-tab treasure hunt into a single screen; for Binance, it reinforces the exchange's formula of high-quality listings (a 0 % delisting rate on 77 tokens) matched with friction-free access to fresh incentives. Hassle-free staking and airdrops Launchpool events on Binance have long been a draw for those seeking direct exposure to emerging projects. Throughout 2024, the exchange hosted 21 Launchpool events, distributing over $1.75 billion in tokens. However, for many participants, the process of staking BNB, keeping track of allocation, and then hunting down claim periods could feel disjointed. The reworked Launchpool interface aims to change that by centralizing these steps under one streamlined dashboard, with integrated support for BNB staking, airdrop monitoring and push notifications for upcoming or expiring pools. Now, participants can subscribe to BNB Simple Earn products directly from the Launchpool page, seeing real-time token airdrop allocations and locked BNB positions in a single view. The design also adds a quick-start FAQ and improved navigation, leaning on the idea that many users prefer in-app prompts over sifting through external resources. BNB at the center BNB plays a central role in Binance's reward ecosystem, serving as the key asset for participating in Launchpool, Megadrop, and HODLer airdrops. For users looking to access these opportunities, holding BNB is the entry point. The redesign of the dedicated BNB utility page consolidates each token's various perks — from trading fee discounts and VIP privileges to real-time airdrop opportunities. BNB functions as a gateway to new listings, reduced fees and exclusive promotions, like participation in events like Launchpool, Megadrop and HODLer Airdrops. Users holding BNB can combine price appreciation with additional rewards from these ecosystem programs. Rather than scattering these details across multiple sections, the updated page lays out how BNB interacts with each program, offers a look at past distributions and highlights ongoing reward opportunities. Interested parties can see more details about the token's performance metrics and utility in Binance's internal analysis article, 'BNB: The Utility Token That Pays to Hold.' Binance in numbers These changes also arrive amid Binance's impressive track record in token distribution and listing standards. According to CoinMarketCap's recent report 'Examining Token Listings on CEXes,' Binance leads the airdrop scene, accounting for 94% of the total $2.7 billion in launchpool and airdrop rewards distributed across exchanges. In 2024, Binance rewarded $2.6 billion to its users, underlining its prominent presence in the space. The same report notes that Binance's listing standards maintain a 0% delisting rate for all 77 tokens listed in 2023 and 2024, reflecting a commitment to quality that helps reduce investor risk. By combining a proven track record in token distribution with more intuitive navigation, Binance showcases how removing barriers ultimately encourages deeper participation and signals where the broader market is headed next. Source:
