Bitget lists Solana-based Sanctum (CLOUD)

Bitget lists Solana-based Sanctum (CLOUD) in Innovation Zone for Spot trading

Press release

Victoria, Seychelles, 19th July 2024 – Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of Sanctum (CLOUD), Solana-based project, in its Innovation Zone for spot trading. The listing of the CLOUD token on Bitget's Spot corridor will enable users to participate actively in the early stages of significant projects such as Sanctum. Deposits and trading for CLOUD is live and withdrawals will be enabled from 19 July 2024 at 10:00 (UTC).

As the Solana ecosystem gains traction, projects like Sanctum are becoming prominent due to their unique use cases. Bitget aims to provide users with access to promising and trending tokens, thereby supporting the growth of emerging DeFi ecosystems.

Cloud (CLOUD) serves as the governance token for Sanctum, a leading project developing advanced liquid staking infrastructure on the Solana blockchain. This token allows stakeholders to engage in decision-making processes that shape the future of the ecosystem. Sanctum's liquidity infrastructure is built around its core components: the Router, the Reserve, and its flagship primitive, Infinity.

By listing CLOUD, Bitget provides its users with an opportunity to engage with the Solana-based project from its early phases, supporting their involvement in the evolving DeFi landscape. The inclusion of CLOUD on Bitget aligns with the exchange’s strategy to enhance accessibility to high-potential tokens and facilitate user participation in innovative projects.

This listing is part of Bitget’s broader strategy to expand beyond derivatives and include a diverse range of promising coins, particularly those from sectors like RWA, BRC20, SocialFi, GameFi, and AI. The platform’s Innovation Zones have been pivotal in offering users early access to emerging tokens, enhancing their exposure in the cryptospace.

Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, the platform is now one of the top 10 crypto spot trading platforms with over 800 coins and over 900 pairs, including tokens from ecosystems such as Ethereum, Solana, Base and more.

For more information on CLOUD tokens, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For media inquiries, please contact: media@bitget.com

2024-07-19

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