Bitget Chief Legal Officer Hon Ng marked the exchange’s eighth anniversary by outlining its transition from a derivatives platform into a Universal Exchange (UEX) serving more than 125 million users. The model covers crypto, tokenized equities, commodities and other markets. Bitget expanded its proof-of-reserves (PoR) coverage from four assets to 19, including Bitcoin, Ethereum and XRP. Its 46th consecutive PoR report for September 2026 showed a total reserve ratio of 135%, while the average ratio has remained above 120%. The system has published monthly reserve data since December 2022, maintains a minimum 1:1 reserve ratio and uses Merkle Tree verification. Bitget also reported that its Protection Fund, launched in 2022 with an initial $300 million, averaged approximately $382 million in August 2026. The exchange is adding account-security, transaction-monitoring and market-integrity controls, expanding regulatory activity across 10 jurisdictions and working with BlockSec on a UEX Security Standard covering solvency, multi-asset risk isolation, privacy, monitoring and infrastructure defense.