PANews reported on June 24 that Bitget has established a strategic partnership with Web3 market maker and investment institution DWF Labs. DWF Labs will provide institutional-level liquidity support for the Bitget platform, covering the spot and derivatives markets. This cooperation will optimize users' trading experience by narrowing spreads, enhancing market depth, and providing continuous bilateral liquidity.

Bitget CEO Gracy Chen said: "The cooperation with DWF Labs will help create a more stable and smooth trading environment for users, and also provide professional support for institutional users that meets their requirements for execution efficiency and stability."

Andrei Grachev, managing partner of DWF Labs, said: "We are committed to building a stable and transparent digital asset market. By providing continuous liquidity support for assets such as USD1, we ensure its tradability and stability in different market environments."