Bitget Transfers 440 Million BGB to Morph Foundation, Turbocharging BGB as Morph Chain’s Gas and Governance Token

Breaking: Major crypto exchange Bitget just supercharged Morph Chain's ecosystem with a massive 440 million BGB token transfer to its foundation.

Gas Token Revolution

This isn't just another blockchain transaction—it's a strategic power move that positions BGB as the lifeblood of Morph Chain's operations. Every contract execution, every network interaction now runs on BGB.

Governance Goes Mainstream

Token holders gain real voting power over protocol upgrades and network decisions. Finally—actual utility beyond speculative trading and the usual 'number go up' hopium that fuels most crypto projects.

Ecosystem Acceleration

The transfer kicks development into high gear. Expect faster adoption, sharper innovation, and more aggressive ecosystem expansion as Morph Foundation deploys these resources.

While traditional finance still debates blockchain's value, Morph Chain just got its jet fuel. Sometimes moving billions requires moving millions first.

Building the Standard for Onchain Payments

The Morph chain will maintain its brand, team, and strategic direction, staying focused on its positioning as a Layer 2 dedicated to crypto payments, and striving to become the next-generation Web3 payment infrastructure, advancing beyond cost efficiency and performance toward real-world consumer finance at scale, with integrations across wallets, DeFi, stablecoins, and global payment providers.

“With this commitment to the Morph Foundation, BGB is entering a new chapter as the gas and governance token of Morph. This upgrade expands BGB into the utility token for the next era of onchain consumer finance, powering payments, applications, and the broader settlement layer for millions of users worldwide,” said.

Expanding BGB with Morph

. Settlement and PayFi activity will run through BGB alongside stablecoins, giving it a central role in powering the Morph network. Meanwhile, BGB will continue to collaborate with existing partners, including Bitget, MEXC, and Bitfinex, where BGB is already listed, and others beyond these exchanges, serving as a key medium for Launchpool’s new token mining, fee discounts, and more.

Moving forward, The Morph Foundation, a decentralized non-profit organisation, will be solely responsible for BGB’s long-term development roadmap, co-building the ecosystem with the community. It will also update BGB’s burn mechanism to LINK directly to the Morph network activity until the total supply is reduced to 100 million.

“Morph has always had a close relationship with Bitget since its founding. There are projects we have always dreamed of collaborating on, but much of our growth so far has been autonomous. Through this strategic initiative, we are excited for Morph to become the home of Bitget’s onchain initiatives and to support the millions of BGB holders around the world.”, added.

Growing Decentralized Ecosystem at Scale

To support the long-term prosperity of Morph, Bitget and Bitget Wallet will bring their full infrastructures directly into Morph, consolidating payment, trading, and ecosystem services around the chain. This includes native support for stablecoin issuers, regional currencies, and global payment providers, giving developers and merchants an unmatched foundation to build decentralized payment-focused applications at scale.

will serve as the backbone of this expansion, powering hackathons, builder programs, and direct support for new projects. Developers building on Morph will gain access to Bitget’s and Bitget Wallet’s base of more than 120 million users, connecting their applications with one of the largest onchain audiences in the world. With Bitget’s backing, Morph is positioned to become the settlement hub for the next generation of PayFi and consumer finance.

“BGB has found its home onchain with Morph, marking a new chapter in its journey. We are thrilled to invite millions of users to experience BGB and find utility in entirely new ways. Over the next 12 months, we will see an acceleration of BGB migration onto Morph Layer and deeper partnerships between Morph and Bitget Wallet to enable seamless web3 payments and onchain consumer finance,” said.

About Bitget

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League,, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

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About Bitget Wallet

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

About Morph

Morph is a next-generation Layer 2 designed for onchain consumer finance. It powers seamless services across payments, savings, identity, and rewards, with products like Morph Pay for consumers and Morph Rails for developers forming the financial infrastructure of the digital economy.