Bitget Bolsters Transparency with Chainlink Proof of Reserve for BGBTC

Bitget, a leading cryptocurrency exchange boasting over 120 million users and $8 billion in assets under management, has implemented Chainlink Proof of Reserve on Ethereum. This integration represents a significant step towards increased transparency and user confidence. The project will enable real-time verification of the collateral backing for the wrapped Bitcoin token (BGBTC). This article explores how Bitget is empowering transparency and explains how Chainlink PoR works.