Bitget, a prominent cryptocurrency exchange and Web3 company, is actively participating during Token2049, Dubai week. At the event, Bitget’s COO Vugar Usi Zade led a panel discussion on real-world asset tokenization. The company also organized various side events like a Kpop Party, Bitcoin Track Day, and Beach Party throughout the week.

During the discussion themed ‘Practical DeFi, Tokenization of Real World Assets for Real World Problems,’ Vugar and industry experts like Andres Meneses, Robin Ubaghs, Raj Brahmabhatt, and Anna Shakola shared insights on the tokenization of real-world assets and the strategy for blockchain adoption to tackle everyday challenges. Vugar highlighted the importance of government participation in the smart contracts and blockchain sectors to revolutionize industries.

Vugar Usi Zade emphasized the need to swiftly transition to blockchain platforms to provide mass services and pointed out the benefits of integrating blockchain in the banking industry. In a keynote session, Zade discussed Bitget’s growth, Protection fund, and upcoming plans for 2024.

In addressing the value perspective of transactions involving real-world assets, Vugar emphasized the high costs associated with such assets and the minimal value add during transactions, especially in the real estate industry.

Bitget also organized exciting side events such as the “Bitcoin Track Day Dubai 2024” and K-pop Party featuring Korean girl band TripleS. These events, co-hosted by various companies, provided attendees with engaging experiences, networking opportunities, and a glimpse into Dubai’s position as a blockchain hub.

Established in 2018, Bitget continues to be a significant player in the cryptocurrency exchange and Web3 space, serving millions of users globally. With innovative trading features and a multi-chain crypto wallet, Bitget aims to promote cryptocurrency adoption and collaboration through strategic partnerships.