Bitget Transfers 440 Million BGB To Morph Foundation, Establishing BGB As Gas And Governance Token Of Morph Chain

Crypto exchange Bitget on Tuesday announced it will transfer all 440 million BGB BGB - $3.654 (CRYPTO: BGB BGB - $3.654 tokens it controls to the Morph Foundation, marking a decisive shift in the token's future utility and governance. The move establishes BGB BGB - $3.654 as the official gas and governance token of Morph Chain, a Layer 2 network focused on payments and onchain consumer finance.

Source: benzinga.com

Related symbols: BGBUSD

2025-09-02 11:39:02 GMT.

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Price & Market Data

Price: $3.654

Volume 24h: $87,166,224.42

Market Cap: $2,554,182,942.52

Description

Bitget Token (BGB) is a cryptocurrency and operates on the Ethereum platform. Bitget Token has a current supply of 919,992,035.97879069 with 699,851,830.25494314 in circulation. The last known price of Bitget Token is 3.66212889 USD and is up 0.17 over the last 24 hours. It is currently trading on 43 active market(s) with $81,408,050.82 traded over the last 24 hours. More information can be found at https://www.bitget.com/.