VICTORIA, Seychelles, June 12 (Bernama-GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released a May 2025 report for its user security fund called the Protection Fund, which hit a new peak valuation of $725.1 million in May, marking its highest level since inception. The fund, designed to safeguard user assets in extreme market conditions, showed steady growth throughout the month, with an average monthly valuation of $673.5 million.
Originally launched with a $300 million reserve, the fund has grown by over 140%, aligned with the appreciation of BTC holdings and Bitget’s strategic focus on market insurance. The fund’s value fluctuates in accordance with the price of Bitcoin, with May’s performance boosted by BTC trading above $110,000 on multiple occasions.