Leading crypto exchange and digital assets trading platform, Bitget has plans to hire 400 more staff as it is registered in Seychelles. The company aims to expand globally and establish more regional hubs as part of its crypto exchange plans.

According to a statement, the company will take its total headcount of employees to 1,200 by the first quarter of 2023. The registration in Seychelles falls under the archipelagic country’s 2016 International Business Companies Act.

Bitget Managing Director Gracy Chen said, “Our recruitment always aligns with our global expansion and long-term strategy, and we will continue to hire despite current market sentiment.” 

The company has over 800 employees at present. Bitget claimed that the company choose to register in as they believe that “Seychelles as a friendly region for the crypto community.”

Gracy Chen further said, “We see Seychelles as a friendly region for the crypto community. We have been working for several months on this registration and are happy to announce the development now. The registration in Seychelles offers a constructive environment for Bitget, enabling us to unlock collaborations with partners and strengthen banking relationships, along with our expansion with different partnerships, such as the Argentine football legend Lionel Messi and the Italian football club Juventus.” 

The crypto exchange firm already has regional hubs in Asia and Latin America markets. Now they are proposing to establish expand in Europe and Africa.

“With a global footprint, Bitget fully embraces the concept of Web3, allowing the team to work in a decentralized way without a specific headquarters. We believe doing this can help us attract talent across borders as we are hyper-focused on growth and scaling up. It is crucial for us to recruit high-calibre candidates globally and set up regional hubs to aid local communication and coordination in strategic markets simultaneously,” claimed Gracy Chen.

In the last month, during the collapse of one of the larget crypto exchange firms, FTX, Bitget released a US$5 million builders’ fund to help their partners and traders to help thm recover.

The exchange firm, Bitget seems to have not been affected by the recent downfall of the crypto market as they plan to accelerate its hiring plans.