Bitget has merged its Bitget Wallet Token (BWB) into Bitget Token (BGB), establishing BGB as the sole ecosystem token to enhance its DeFi and blockchain applications. This strategic move aims to expand BGB's utility in staking, lending, and offline payments by 2025, while its market performance has surged, with a 24.67% increase in value and a trading volume exceeding $1.29 billion. The platform is also strengthening its global presence through partnerships and licenses, including a Bitcoin Service Provider license in El Salvador.