In the latest installment of the GoCrypto interview series, renowned interviewer Mike Ermolaev sits down with Vugar Usi Zade, the Chief Operating Officer of Bitget, a leading global cryptocurrency exchange. This series, powered by GoMining, explores the dynamic world of cryptocurrencies and blockchain technology through discussions with notable figures in the industry.
Vugar Usi Zade’s background includes extensive experience with multinational companies like SONY, Facebook, Danone, and Carlsberg. This unique perspective has significantly influenced Bitget’s growth and innovation. In the interview, Vugar discusses the impact of his diverse background, Bitget’s strategic expansion into emerging markets, AI-powered security enhancements, the significance of Bitcoin halving and ETFs, and his predictions for Bitcoin’s future trends and adoption.
When asked how his extensive experience across various industries influences his role at Bitget, Vugar explained that his journey into the crypto industry was distinct from many others. His venture into crypto began after exiting a successful Web2 startup and joining a venture capital firm to hedge his earnings and invest further.
Vugar’s expertise has been pivotal in navigating local intricacies, maximizing outcomes, and managing diverse teams effectively. Under his leadership, Bitget has expanded significantly across Europe, LATAM, CIS, and MENA, showcasing his global knowledge and business acumen. He emphasized that his career in multinational organizations equipped him with practical skills to manage large, complex operations that transcend cultural boundaries and overcome time and place limitations, while fostering growth and innovation.
“My experience with truly global conglomerates and Fortune 500 companies has instilled in me a sense of discipline and structured thinking. More importantly, it has prepared me for a role where I can orchestrate the growth journey that propels Bitget toward true global leadership. Companies operate differently at various stages of their growth journey; a startup is managed differently than a mid-level company. Today, Bitget is a global company with 1,500 team members from 65 nations. Bitget operates 24/7 across all time zones and serves 25 million customers globally,” Vugar shared.
Vugar also highlighted the potential impact of Bitcoin ETFs on the market. He predicts that Bitcoin ETFs could see inflows of up to $35 billion by the end of the year, driven by increasing interest from institutional investors and regulatory clarity.