Bitget Boosts BGBTC with Daily Rewards and Enhanced Oversight

Bitget, the world's largest Universal Exchange (UEX), has upgraded its official yield-bearing Bitcoin asset, BGBTC. The upgrade introduces daily BTC-denominated rewards, large-volume fast redemption, institutional-grade risk oversight, and enhanced transparency.

The firm adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure to unlock secure multi-chain distribution. This builds upon Bitget's existing use of Chainlink Proof of Reserve.

BGBTC is designed to address the shift in how Bitcoin holders manage their assets, combining long-term ownership with capital efficiency. The asset allows users to earn daily BTC-native rewards while maintaining access to a growing range of use cases across the Bitget ecosystem.

The upgrade also introduces Bitget's independent Curator framework, adding institutional-grade oversight to BGBTC's underlying yield strategies. The framework separates strategy oversight from asset custody and strengthens portfolio monitoring, risk management, and long-term yield sustainability.