Crypto Exchanges Must Adapt or Risk Stagnation

Bitget's CEO Gracy Chen says that the era of pure crypto exchanges is over. According to her, centralized exchanges need to expand into traditional assets and compliance-driven models to remain competitive.

In an interview with Yellow.com, Chen stated, 'I don't think the pure crypto-native altcoin market is going to grow that much.' She expects Bitcoin prices and stablecoin adoption to continue rising but warns of a potential growth ceiling in the crypto market.

The industry pivot towards universal exchanges integrating stocks, real-world assets, and on-chain trading under one platform has begun. Bitget itself has repositioned as a 'UEX' or Universal Exchange, offering crypto alongside U.S. equities and other global assets tradable via stablecoins.