Tag Archives: Web3

Technologies

Bitget Strengthens Partnership with Ethena Labs 

Bitget Strengthens Partnership with Ethena Labs by Supporting USDe in Earn Offerings and Futures Collateral

Global, June 21, 2024 — Bitget, the world’s leading cryptocurrency exchange and Web3 company, announced the expansion of the partnership with Ethene Partnership with Ethena, a synthetic dollar protocol developed on the Ethereum blockchain, to introduce its synthetic USDe into services such as Bitget Savings and Coin-Margined (Coin-M) Contracts.

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Business & Investments

Web3 Remains Highly Relevant for Private Equity in the Middle East

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Web3 Remains Highly Relevant for Private Equity in the Middle East

By Brahim Laaidi, Partner, Bain & Company, and Thomas Olsen, Global Co-lead of Web3 and Metaverse Practice, Bain & Company

Watching almost $3 trillion in web3-related asset value shrink by more than 70% is unnerving, to say the least. But the rise and fall of crypto isn’t really the issue. What counts are the core underlying technologies that have made web3 possible, a set of innovations that will have far-reaching implications for many parts of the global economy, private equity included.

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