Gracy Chen

Gracy Chen is a business executive, investor, and digital asset industry professional, and is currently chief executive officer of Bitget. As of September 2, 2026, her verified X account was @GracyBitget; the account’s display name was “Gracy Chen @Bitget,” and its bio described her as a former TV host who holds BTCBitcoinBitcoin (common symbol BTC) is an open peer-to-peer electronic cash protocol, network, and native digital asset. Full nodes independently verify transactions and blocks according to the consensus rules; transactions are recorded as UTXOs, and blocks are organized into a public ledger through proof of work. Bitcoin is not issued or managed by any single institution, but using, holding in custody, and trading it still involve key, privacy, market, and legal risks.Open the full entry and BGB and loves to travel, and included “CEO at @bitget.”⁠[1]

In a direct interview, Gracy Chen recalled that at 18 she received a scholarship to study applied mathematics in Singapore. Bitget’s official profile lists her undergraduate institution as the National University of Singapore and says she received a full scholarship; the appointment announcement also confirms that she holds a bachelor’s degree from the National University of Singapore and an MBA from the Massachusetts Institute of Technology. Public materials do not consistently give her enrollment or graduation years or the specific name of her MBA program.⁠[2]

Bitget’s appointment announcement says that from around 2014 Gracy Chen worked as a television program host, meeting investors and technology professionals such as Tim DraperTim DraperTim Draper (full name Timothy Cook Draper) is an American venture capitalist who founded Draper Associates in 1985 and, after John Fisher and Steve Jurvetson joined, built it into Draper Fisher Jurvetson (DFJ). He is also the founder of Draper University and a public advocate of Bitcoin.Open the full entry through finance and technology interviews. The official Chinese-language profile names her early employer as Phoenix Finance and notes that she interviewed business leaders and film and television professionals. In a 2024 direct interview, she explained this period as her move from applied mathematics into media, and said that after conversations with friends and interviewees she began systematically learning about Bitcoin and blockchain in 2015. The specific program names and a full record of individual interviews have not been made public.⁠[3]

Gracy Chen has said in interviews that after reading the Bitcoin white paper she began buying BTC, ETHEthereumEthereum is an open, general-purpose smart contract blockchain that launched in 2015, and its native asset is ether (ETH). The project was proposed by Vitalik Buterin and advanced jointly by eight co-founders; the network now uses proof of stake and centers on the EVM, the account model, a rollup scaling roadmap, and the open EIP process.Open the full entry, and XRP and invested in crypto startups including BitKeep. In 2023 BitKeep received a controlling investment from Bitget and was renamed Bitget Wallet, which links her early personal investment history with the later Bitget ecosystem. There is no reliable public record of the timing, amounts, cost, or returns of her purchases.⁠[2]

In a profile interview, Gracy Chen said that friends such as Yi HeYi HeYi He is a Chinese entrepreneur and the co-founder and co-chief executive officer of Binance. She helped found OKCoin and served as vice president of Yixia Technology, joined Binance in 2017 to take charge of business, brand, and operations, and has also led Binance Labs.Open the full entry and Tim Draper introduced her to the crypto industry early on; she bought BTC, ETH, and XRP in 2015, began participating more deeply in primary and secondary markets in 2017, and was an early investor in BitKeep. She framed the decision of whether to switch industries as two questions: whether her core abilities matched the role, and whether the industry’s prospects were worth her time and energy; in her view, committing one’s professional time to an industry is a bigger commitment than simply committing money. She also said that having witnessed the growth of BitKeep and Bitget was one of the reasons she later chose to join Bitget. The purchases, investments, and motivations described here all come from her own recollections; amounts, costs, equity stakes, and complete closing documents have not been made public.⁠[4]

After leaving television, Gracy Chen said she co-founded two startups, one in fintech and one in virtual reality, and regarded serial entrepreneurship as a process of learning about investment, business management, and risk-taking. Bitget’s official profile further lists management positions she held at the fintech company Accumulus and at XRSPACE, a Foxconn-backed virtual reality company. Available sources do not reliably give her full tenure, legal title, or equity relationship at each company.⁠[3]

On June 21, 2022, Bitget announced that on June 1 it had appointed Gracy Chen to the newly created position of managing director. The responsibilities listed in the announcement included global market growth, strategy, execution, business and corporate development, and raising Bitget’s external profile in the crypto ecosystem. She later said in an interview that she had actually begun joining the team in April 2022, with the appointment announced publicly only in June.⁠[5]

Looking back in 2024, Gracy Chen said that after the FTXFTXFTX was a cryptocurrency exchange founded in 2019 by Sam Bankman-Fried and Gary Wang that operated FTX.com, moved its headquarters from Hong Kong to the Bahamas in 2021 and was valued at $32 billion in January 2022. In November 2022 it filed for U.S. bankruptcy protection amid a liquidity crisis, and Bankman-Fried was later convicted of fraud and related charges. Its reorganization plan took effect in January 2025, after which the FTX Recovery Trust began paying creditors in stages.Open the full entry crisis broke she asked the team to monitor risk continuously and pushed Bitget to publish proof of reserves within a month. She also said the platform raised its protection fund from about $200 million to about $300 million and set up a Builders Fund for industry participants affected by the FTX collapse. The fund sizes, reserve coverage ratios, and market share figures were all disclosed by the platform or by her.⁠[2]

While managing director, Gracy Chen regularly took part in industry conferences and public events. Bitget’s profile records that in 2023 she attended Foresight Hong Kong, WebX, TOKEN2049TOKEN2049TOKEN2049 is a global series of cryptocurrency and Web3 industry conferences that originated in Hong Kong; as of October 2026 it centers on its Singapore and Dubai editions and has announced a New York edition to be added in June 2027. The Singapore edition is held at Marina Bay Sands, coinciding with the Formula 1 Singapore Grand Prix.Open the full entry, and Bitget EmpowerX, and joined the Forbes Business Council in 2023; in early 2024 she attended Web Summit Qatar, events during EthDenver, and events related to the 68th session of the United Nations Commission on the Status of Women.⁠[3]

On May 21, 2024, Bitget announced that Gracy Chen would become chief executive officer, with the appointment effective from May 2024; her predecessor, Sandra Lou, left the platform to pursue personal ventures. The announcement said Gracy had previously led global expansion and growth strategy as the first managing director. She is Bitget’s current CEO as confirmed by the appointment announcement; the platform’s user base, trading volume ranking, and user growth multiple listed in the same announcement are the company’s own claims.⁠[6]

After becoming CEO, Gracy Chen said in an interview that compliance, emerging markets, and Web3 were her three priorities for 2024, and that Bitget would keep expanding its wallet and ecosystem investments, connect traditional finance with crypto assets, and strengthen its spot business. On product approach, she stressed that all employees should actually use the platform, and that feedback should be gathered continuously through interviews, surveys, usability testing, and social media.⁠[2]

After becoming CEO, Gracy Chen explained her team management approach in detail in an interview. She said Bitget had grown from fewer than 500 people when she joined to about 1,500, and from an East Asian team into an organization covering multiple regions; facing differences in language, culture, and product and token preferences, management drew on the OKR practices of Huawei and ByteDance and used cross-time-zone systems to track results, but discouraged elaborate PowerPoint decks and “managing up,” and did not dress up in formal packaging anything that could be explained on one page. Regional teams, being closer to local users, were given decision-making authority over areas such as marketing and sponsorships, while being held accountable for return on investment. Headcount, countries covered, and user numbers are company figures.⁠[7]

In the same interview, Gracy Chen named a startup failure and the end of her marriage as important personal decisions. She said she had once shut down a startup after it raised funding because of its market value and profit prospects, and at the time felt she had let down investors and the team; only later did she come to see a company’s life cycle and a proper accounting to stakeholders as issues a manager must face. She also said publicly that she is divorced, that she still needs to cooperate with her former partner because they co-parent their child, and that whether a relationship is mutually supportive is her criterion. In her personal life, she describes herself as an advanced open water diver who enjoys skydiving and polo, and says she spends most of her free time with her son. All of the above are personal experiences she volunteered in professional interviews.⁠[7]

In a signed article for Bitget’s sixth anniversary, Gracy Chen summarized the organizational culture as focusing on goals and results and giving employees considerable freedom, while requiring self-motivation and accountability. She illustrated this with two internal cases: the customer service team built a recovery process for problems such as deposits made on the wrong chain; and a product manager, after receiving a requirement, interviewed 12 stakeholders and, rather than copying competitors, redesigned the solution. The article said that about 170 customer service staff handled 1.5 million requests in 2024, with an average response time of about 2.5 minutes, and recovered nearly $1 million in assets; the product’s users grew by more than 50% within three months. These operating figures and causal claims are self-reported data from a signed company article and have not been independently audited.⁠[8]

In May 2025, Gracy Chen was interviewed by CNBCCNBCCNBC is an American business and financial news cable channel launched by NBC in 1989; it merged with its rival FNN in 1991 and since January 2026 has been part of Versant Media Group, spun off from Comcast.Open the full entry during the Bitcoin 2025 conference, discussing catalysts for the next phase of the crypto market, the level of institutional investor participation, and Bitget’s presence in Asia. Asked about the platform’s listing of USD1, the stablecoin issued by World Liberty FinancialWorld Liberty FinancialWorld Liberty Financial is a crypto finance venture launched in September 2024, co-founded by members of the families of US President Donald Trump and Steve Witkoff, among others; it issues the governance token WLFI and offers the US dollar stablecoin USD1 as its main product. Over the Trump family’s large income from token sales, foreign investors taking stakes, and regulatory approvals, it has faced ongoing conflict-of-interest questions from members of the US Congress and ethics watchdogs; the company and the White House have denied any wrongdoing.Open the full entry, she summarized the reason as user demand, and said she was also watching the ecosystem partnerships the project was promoting and that deeper cooperation might be possible in the future.⁠[9]

In June 2025, CoinDeskCoinDeskCoinDesk is a cryptocurrency media, events, index, and data company founded in 2013 and headquartered in New York. Its businesses include the CoinDesk news website, the annual crypto industry conference Consensus, and the CoinDesk Indices index business. In November 2023, the digital asset exchange Bullish acquired CoinDesk from Digital Currency Group, and CoinDesk has since operated as an independent subsidiary of Bullish.Open the full entry published a list of 50 women in Web3 and AI, and Gracy Chen was named alongside BlackRockBlackRockBlackRock is a publicly traded investment management company headquartered in New York, founded in 1988 by Larry Fink and seven others and listed on the New York Stock Exchange (ticker BLK); its businesses include the iShares family of exchange-traded funds and the Aladdin investment and risk management platform. As of June 30, 2026, its assets under management totaled $15.3 trillion.Open the full entry’s Samara Cohen, CoinbaseCoinbaseCoinbase is a U.S. operator of crypto asset trading platforms, founded in 2012 by Brian Armstrong and Fred Ehrsam, whose listed parent is Coinbase Global, Inc.; it went public through a direct listing on Nasdaq (ticker COIN) in April 2021 and joined the S&P 500 in May 2025. It provides crypto trading, custody, staking, and stablecoin-related services, launched USDC with Circle, develops the Ethereum layer-2 network Base, and acquired the crypto options exchange Deribit in 2025; its venture investing operates as Coinbase Ventures.Open the full entry president and COO Emilie Choi, and others. The list’s evaluation criteria included technical innovation, business strategy, regulatory compliance, and ethical frameworks, and the selection involved CoinDesk’s editorial team and an external panel of women judges.⁠[10]

In an open letter for Bitget’s seventh anniversary, Gracy Chen proposed the Universal Exchange (UEX) concept, arguing for integrating centralized exchanges, decentralized on-chain assets, and traditional financial products. The roadmap she listed included more on-chain tokens, tokenized stocks, and products such as stocks, ETFs, gold, and foreign exchange, and brought AI agents and hybrid custody security mechanisms into the platform’s evolution. UEX is a product and brand strategy she proposed on behalf of Bitget, not an exchange category defined by regulators; statements such as “world’s first” are company positioning.⁠[11]

In an in-depth interview, Gracy Chen added that after leaving the media she took part in two Web2 startups in succession, one in fintech and the other in VR/metaverse. Her advice for people moving from traditional industries into Web3 was to first reuse existing skills, learn quickly, and direct networking toward measurable partnerships or deals rather than merely accumulating contacts. On evaluating projects, she acknowledged that some GameFi projects she invested in early on performed poorly, and on that basis stressed that products must solve real needs; founders who merely chase buzzwords such as AI and RWA without a core user problem will find their fundraising narratives hard to sustain over the long term; she also explicitly warned ordinary investors to beware of high leverage. On family, she cited a typhoon that closed schools for three days as an example, saying remote work allowed her to handle work while looking after her child, and that colleagues had seen her son on video calls. The investment gains and losses, family arrangements, and career advice above are all her own experience.⁠[12]

In her 2026 New Year open letter, Gracy Chen named UEX, AI, and compliance as Bitget’s three priorities for the year, planning to expand access to traditional assets such as stocks, commodities, ETFs, gold, silver, foreign exchange, and CFDs, and to continue integrating on-chain assets and AI interaction into the trading platform. She described this direction as lowering the barriers to accessing assets worldwide. The trading volume, user numbers, waitlist, and adoption rates in the open letter are the company’s own statistics.⁠[13]

In a long post marking Blockchain4Her’s second anniversary, Gracy Chen recalled that the initiative was announced during WEF 2024 and in 2025 began shifting from a conference initiative to concrete programs. The activities she listed included Pitch’n Slay pitch events for women founders, digital skills programs connected with UNICEF and Game Changers, events for women entrepreneurs in Malaysia, the Lady Forward positioning, career events at the Hong Kong University of Science and Technology, and programs during TOKEN2049. She also argued that Web3 companies need clear standards of professional conduct, confidential reporting channels, independent handling procedures, and anti-retaliation mechanisms, and regarded a safe, professional work environment as a necessary condition for the industry’s maturity. Figures in the post such as “300,000 young people,” “more than 1,000 students,” and “more than 200 female students” are program targets or program organizers’ statistics.⁠[14]

Gracy Chen said that during business trips to New York and Miami she met with traditional financial institutions, people involved in regulation, lawyers, investment banks, peers, and competitors, and after returning wrote a long Chinese-language article discussing the U.S. CLARITY Act. The article covered the division of regulatory responsibilities between the SEC and the CFTCCommodity Futures Trading CommissionThe U.S. Commodity Futures Trading Commission (CFTC) is an independent federal agency created by the Commodity Futures Trading Commission Act of 1974 and operating since 1975 to regulate futures, options and swaps markets; it has treated bitcoin and other virtual currencies as commodities since 2015 and has been chaired since December 22, 2025 by Michael Selig.Open the full entry, trading platform registration, custody, segregation of customer assets, anti-fraud, anti-money laundering, and conflict-of-interest governance, and discussed its potential impact on U.S. exchanges, offshore platforms, stablecoins, RWA, custody, over-the-counter trading, prime brokers, market makers, and DeFi. She stated explicitly that the legislation would not automatically open the U.S. market to Bitget, and that entry would still depend on the corresponding registrations, legal structure, and infrastructure.⁠[15]

Gracy Chen said she had read an internal presentation by the company’s cryptography PhD and used Gemini Deep Research to compile the risks quantum computing poses to the crypto industry. She distinguished the theoretical threat of Shor’s algorithm to elliptic curve cryptography from the engineering limits of real-world quantum hardware, and held that older addresses whose public keys have already been exposed deserve continued attention. She summarized the platform-level principle as “no panic, no rush, and no neglect”: prematurely replacing the existing security system with immature solutions could introduce new vulnerabilities, so academic research and hardware progress should be monitored continuously, with a careful migration once post-quantum solutions mature. Time estimates in the post such as “five to ten years” are her personal summary based on the internal presentation and tool-based research, and do not represent a consensus of the cryptography community.⁠[16]

After taking part in a SheTech AI Panel, Gracy Chen said publicly that her 7-year-old son regularly chats with Doubao; after noticing that he treated AI only as a chat app, she began having him try GoogleGoogleGoogle is an American technology company founded by Larry Page and Sergey Brin and incorporated in 1998. It became an Alphabet subsidiary in 2015. Its businesses include internet search, advertising, software platforms, cloud computing, and artificial intelligence.Open the full entry’s interactive AI web pages, read related books, and understand the basic principles, hoping he would see AI as a tool that amplifies his abilities rather than merely a companion for passing time. Discussing her own working methods, she said she first maps out the complete process and then hands repetitive, mechanical, and standardized steps to AI, and listed how she uses Gemini, ChatGPT, Doubao, Claude, NotebookLM, and Manus for deep research, long-form writing, email, knowledge organization, and multi-step tasks; she also shared prompts for finding unanswered emails, drafting emails, and creating calendar events. The efficiency improvements are her personal experience.⁠[17]

On June 10, 2026, Gracy Chen said publicly that Bitget had purchased enterprise Claude access for all 2,167 employees; at $200 per person per month, the monthly cost is $433,400. She explained the decision as based on observed productivity gains after employees used AI tools, and said she hoped team members would not fall behind in the AI adoption phase. The headcount, unit price, spending, and productivity improvements all come from her and the company, and there is as yet no independent cost audit or common productivity metric; however, the move shows that the AI direction she had set out earlier in strategy documents has reached company-level tool provisioning and organizational management.⁠[18]

Gracy Chen pinned a repost of Bitget’s regulatory clarification on her own X account. The quoted statement said explicitly that, as of its publication, Bitget had not obtained a license, approval, registration, or authorization from the Monetary Authority of Singapore and was not regulated by it; she also said the platform would continue to meet local regulatory requirements and build a trustworthy platform as it expands globally.⁠[19]