Exchanges Must Diversify or Face Stagnation in Competitive Market

Bitget CEO Gracy Chen believes that centralized exchanges focusing solely on digital assets will face significant challenges in the next few years.

In an interview with Yellow.com, Chen said that platforms must expand into traditional assets and compliance-driven models to remain competitive.

'I do think that if a centralized exchange, or crypto exchanges in general, only look at crypto, it's going to be challenging in the next few years,' Chen stated.

Chen noted that while she expects Bitcoin prices and stablecoin adoption to continue rising, altcoins will face difficulties.