As the battered communities of northern Cebu continue grappling with the aftermath of a devastating 6.9-magnitude earthquake that hit the province recently, global universal exchange platform Bitget stepped in with relief aid — delivering ₱100,000 worth of food packs and hygiene kits to residents in Bogo City and San Remigio who were heavily impacted by the disaster.
The donation drive, carried out in partnership with The Ascent Project, reached 118 households among those most affected.
The September 30 quake — the strongest ever recorded in northern Cebu — left deep scars. As of mid-October, the official tally rose to 79 fatalities and 559 injured, with nearly 748,000 residents (about 217,000 families) across the region affected, many losing their homes or forced into evacuation.
In Bogo, Medellin, San Remigio and other towns, entire neighborhoods were shattered: more than 126,900 houses were damaged and at least 7,300 destroyed.
Infrastructure losses were immense — roads, schools and public buildings collapsed or rendered unsafe, complicating relief efforts.
Bitget extends grassroots aid beyond trading platforms
Gracy Chen, CEO of Bitget
Amid this scale of destruction, Bitget’s intervention is small but symbolic.
The company is not just a digital-asset platform: since its founding in 2018, Bitget has grown into a global universal exchange offering access to crypto tokens, tokenized stocks, ETFs, and real-world assets — aimed at helping over 120 million users trade smarter across chains like Bitcoin, Ethereum, Solana and BNB Chain. Its decentralized arm, Bitget Wallet, serves more than 80 million users worldwide, offering seamless on- and off-ramping, trading, earning, and payments.
For Bitget CEO Gracy Chen, the act of giving back is rooted in more than philanthropy. “My heart goes out to people that have been struggling during this difficult time. Our community in Cebu has helped us stand with those in need during such distress. We hope to support and continue building trust,” Chen said, invoking the Filipino spirit of bayanihan.
The company mobilized its longstanding grassroots trading community in the Philippines to coordinate distribution on November 2, delivering aid directly to families in towns still vulnerable from aftershocks, displacement, and lack of stable shelter.
Strengthening community support beyond digital finance
Chen emphasized that the drive reflects Bitget’s ambition to extend impact beyond the trading floor: “Bitget remains committed to extending its presence beyond trading platforms and contributing to meaningful, on ground support where its communities need it most,” Chen emphasized.
“We have always been more than just a crypto exchange platform, and this act reflects our approach to work directly with user communities to identify urgent needs and provide timely support,” she added.
This relief mission also aligns with Bitget’s broader global impact strategy.
Bitget has forged strategic partnerships — including with (UNICEF) — to expand digital and blockchain education to more than 1 million young people by 2027, aiming to bridge technology, finance, and social empowerment.
As recovery efforts unfold across northern Cebu, local and private-sector partners like Bitget and The Ascent Project are now evaluating further support — from rebuilding initiatives to long-term community assistance. For many survivors, such gestures offer not just relief, but hope for a gradual path toward recovery and resilience.
