Bitget to Transfer 440 Million BGB to Morph Foundation, Accelerating BGB as Gas and Governance Token of Morph Chain

Bitget to Transfer 440 Million BGB to Morph Foundation, Accelerating BGB as Gas and Governance Token of Morph Chain

Bitget migrates 440M BGB to Morph Foundation, burning half and unlocking new onchain utility as gas and governance token....

Bitget Migrates 440M $BGB Token To Morph To Power Onchain Finance

Morph, the EVM-based Layer 2 for payments and consumer finance on-chain, has announced its exciting partnership with Bitget. The platform is entering a new strategic era to redefine the development of the landscape of Web3 payments. Through this alliance, Bitget’s native token, $BGB, is labelled as the governance and gas token of Morph. Building Blocks Need a Foundation. The Foundation is Morph.Welcome to the new era of Morph with @bitgetglobal…

Bitget Token Surges 14% as 39% Supply Moves to Morph Foundation

The Bitget token (BGB) jumped sharply today after Bitget announced a sweeping supply handover to the Morph Foundation. The move shifts BGB into a bigger role within Morph’s blockchain ecosystem while tightening its tokenomics. BGB, according to CoinMarketCap, surged from $4.8 at 10 AM to $5.5 by 11:...

Bitget Upgrades BGB Token to Native Asset of Ethereum Layer 2 Morph Chain

Key highlights: Bitget upgrades its exchange token BGB to serve as the native gas and governance token of the Morph Layer 2 network. 440 million BGB transferred to the Morph Foundation; half burned, half locked for ecosystem growth. BGB retains its exchange utilities while expanding into payments, governance, and onchain finance use cases. The market has reacted positively to the partnership between Bitget and Morph, as the price of BGB quickl…

Bitget Token Jumps 14% to 4-Month High as Bitget Moves 39% of Supply to Morph Foundation

The Bitget token (BGB) observed a sharp rally today after the exchange revealed plans to hand over a large share of its supply to the Morph Foundation.

Bitget surrenders 440m BGB tokens to Morph in governance power shift

Bitget transfers BGB tokens to Morph