MAHE, Seychelles — On March 18, 2025, BitMart Exchange celebrate their 7th anniversary as a global digital asset platform. Wu Blockchain conduct exclusive interview with the founder, Sheldon, to discuss the journey from when he first discover Bitcoin in college to build BitMart into a major player in the crypto space.
During the interview, Sheldon, now a successful entrepreneur, share how he first encounter Bitcoin as a sophomore in 2013 after he hear about ASIC mining advancements. He later attend a Bitcoin conference in Hangzhou that summer, where he meet industry giants like CZ, Star Xu, and Mo Buyi. After finishing his master’s degree in 2017, he launch BitMart, which receive backing from Fenbushi Capital in 2020.
“Our journey no easy at all, but our focus on user retention through asset growth and services help us navigate numerous challenges,” Sheldon explain. “We launch our in-house derivatives system in 2024, and our trading efficiency don improve well.”
As Sheldon reflect on BitMart’s evolution, he highlight the regulatory landscape and how it shape their operations. “Early on, we create the position of Chief Compliance Officer to ensure we follow regulations, which na wetin help keep our burden light,” he say.
Sheldon also express concern about future regulations, especially if political shifts happen in the near future. “If leadership changes in four years, stricter regulations fit follow, and we must continue to adapt,” he note.
The interview also cover the transition of BitMart’s user base, with growth shifting from North America to Asia and Europe, especially in derivative trading. “Our focus now dey on Asian market where demand still dey high,” he say.
Sheldon talk about their strategy to keep user engagement through data asset appreciation and interactive services. “Our core goal na to provide a credible platform for trading and asset management, which dey connect to our long-term vision for Web3,” he state.
As BitMart look ahead to the future, Sheldon predict that Bitcoin could eventually reach $1 million in the long run. “Short-term fluctuation still rely on US monetary policies, but I believe we dey on the right track,” he conclude.
BitMart continue to promote financial inclusion and innovation, with millions of users globally and a diverse offering of over 1,700 trading pairs. As they celebrate this milestone, they ensure their vision for the future remains strong.
