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Bitget Expands Globally, Shelby Launches, and IgnitX Backs Taiwan Hackathon – Key Web3 Developments on June 25, 2025

Introduction

June 25, 2025, marked a series of significant developments within the blockchain and Web3 ecosystem, primarily driven by strategic expansions by Bitget, the launch of Shelby by Aptos and Jump Crypto, and IgnitX’s sponsorship of a blockchain hackathon in Taiwan. These events highlight a maturing industry, with increasing institutional acceptance and a growing focus on practical applications of blockchain technology. This blog post details the key announcements and activities shaping the landscape on this particular day.

Bitget’s Strategic Expansion and Industry Engagement

Bitget, the global cryptocurrency exchange, continued its aggressive expansion strategy with a dual presence at major blockchain conferences – the Perú Blockchain Conference 2025 and ETHMilan 2025. The exchange’s activities underscored a shift in its approach, moving beyond simply facilitating trades to actively engaging with and supporting the growth of emerging markets and broader Web3 infrastructure.

• Perú Blockchain Conference 2025: At the conference held in Perú, Bitget focused on the evolving role of centralized exchanges within the Latin American market. According to a statement released by Bitget following the event [1], the exchange highlighted the importance of user trust, accessibility to digital assets, and the development of innovative products tailored specifically to the needs of the region. The company also announced a significant investment in local talent and infrastructure, signaling a long-term commitment to deepening its regional presence. The COO of Bitget discussed the challenges and opportunities presented by the region’s unique regulatory environment and the company’s strategy for navigating these complexities. Specifically, Bitget emphasized its commitment to providing secure and reliable access to digital assets for a wider audience, acknowledging the need for localized support and education.

• ETHMilan 2025: Bitget served as the official sponsor of ETHMilan 2025 in Italy. This sponsorship demonstrated Bitget’s recognition of Europe as a key growth area for blockchain technology. During the event, the exchange showcased how centralized exchanges are transitioning from solely transactional platforms to broader ecosystem enablers. According to a press release, the COO of Bitget elaborated on the impact of blockchain and crypto infrastructure on the global financial system, arguing that exchanges are becoming vital components of a decentralized future [5]. The presentation centered on Bitget’s role in facilitating institutional adoption of digital assets and supporting the development of new financial products. The company’s strategy involves integrating blockchain technology into existing financial services, aiming to streamline processes and reduce friction for users.

Launch of Shelby: A Next-Generation Storage Network

In a notable development, Aptos Labs, in partnership with Jump Crypto, unveiled Shelby, a next-generation storage network designed specifically for real-time Web3 applications. Shelby’s primary goal is to enhance the performance and scalability of decentralized applications by enabling streaming data capabilities. This represents a significant advancement in Web3 infrastructure, addressing a key bottleneck in the rapid growth of decentralized applications.

• Streaming Data Capabilities: Traditional blockchain networks often struggle with the speed and efficiency of handling large volumes of data, particularly for applications requiring real-time responsiveness. Shelby’s architecture is designed to overcome this limitation by allowing for the streaming of data directly from the blockchain, eliminating the need for constant data retrieval and significantly reducing latency. Jump Crypto’s involvement underscores the importance of robust infrastructure development within the broader Web3 ecosystem. Details regarding Shelby’s technical specifications and network architecture were released alongside the announcement, highlighting its use of sharding and optimized data storage techniques. The network is intended to support a wide range of applications, including decentralized gaming, real-time analytics, and supply chain management.

IgnitX Sponsors Taiwan Blockchain Hackathon

IgnitX, a leading blockchain technology provider, announced its sponsorship of a blockchain hackathon held in Taiwan. While specific details about the hackathon itself were not widely publicized at the time of the announcement, the sponsorship demonstrated IgnitX’s commitment to fostering innovation and talent development within the blockchain community. This move aligns with the company’s broader strategy of supporting the growth of the Web3 ecosystem through educational initiatives and community engagement. The company’s involvement highlights the growing importance of regional hubs within the global blockchain landscape.

Concluding Summary – June 25, 2025

June 25, 2025, witnessed a confluence of strategic developments within the blockchain and Web3 sector. Bitget’s expansion into Latin America and Europe, coupled with the launch of Aptos Labs and Jump Crypto’s Shelby storage network, highlighted the industry’s maturation and increasing institutional acceptance. Furthermore, IgnitX’s sponsorship of the Taiwan blockchain hackathon underscored the importance of regional innovation. These events collectively paint a picture of a dynamic and rapidly evolving industry, driven by technological advancements and a growing demand for real-world applications of blockchain technology. The day’s developments did not signal a definitive shift in the industry’s trajectory, but rather reinforced the ongoing momentum towards a more decentralized and interconnected future.

[1] (Source: Bitget Press Release – Perú Blockchain Conference 2025)
[3] (Source: Aptos Labs Press Release – Shelby Launch)
[5] (Source: Bitget Press Release – ETHMilan 2025)

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