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Gracy Chen

By The Keeper · Published
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Gracy Chen is a Chinese-born business executive who became chief executive officer of Bitget, one of the world's largest cryptocurrency exchanges, in May 2024. Trained in applied mathematics and later at the MIT Sloan School of Management, she worked as a television host, founded virtual reality startups, and invested early in digital assets before joining Bitget as managing director in 2022. Her promotion made her one of the few women to lead a major global crypto trading platform. This Gracy Chen biography traces her unusual route from finance journalism to the top of the digital asset industry.

Early Life and Education

Gracy Chen was born in southwestern China. She has said little publicly about her exact birthdate, and published profiles do not record it, but accounts of her upbringing describe a household run by a single mother who held an MBA and set high expectations for her daughter [1]. That example, Chen has suggested in interviews, shaped her appetite for education and for professional independence.

Her academic record was strong enough to carry her abroad. Chen studied applied mathematics at the National University of Singapore, where profiles report she was admitted on a full scholarship [1][2]. The degree gave her a quantitative grounding that later proved useful in derivatives-heavy crypto markets, an industry where pricing models and risk mathematics matter as much as marketing.

Years later, after she had already built a career in media and startups, Chen returned to formal study. She completed an MBA at the Massachusetts Institute of Technology's Sloan School of Management, and while there she served as co-president of the MIT Sloan Blockchain Club [2][6]. The Sloan credential connected her to an American network of technologists and financiers at exactly the moment digital assets were moving from the fringe toward institutional acceptance.

From Television to Technology

Anyone asking who was behind Bitget's public face before 2024, or simply who is Gracy Chen, usually encounters her television work first. From 2014 to 2015 she worked as a host and producer for Phoenix TV, the Hong Kong based broadcaster, presenting programming focused on finance and technology [2][3]. The role put her in front of some of the most prominent names in global business and culture: published accounts list interviews with venture capitalist Tim Draper, futurist Ray Kurzweil, and actors including Michelle Yeoh and Tom Hiddleston [2][6].

The Draper and Kurzweil conversations mattered more than the celebrity ones. Chen has traced her interest in blockchain technology to this period, and she began buying cryptocurrencies personally around 2015, accumulating Bitcoin, Ether, and other early assets [2][6]. For a young financial journalist in the mid 2010s, that was a contrarian position: most mainstream coverage at the time treated digital currencies as a curiosity or a scam.

Television also taught her how to communicate complicated financial ideas to a general audience. That skill became a durable professional asset. Even after leaving broadcasting, Chen kept a public-facing role, writing commentary for industry publications and later appearing as a judge on Killer Whales, a crypto-themed reality competition series [3].

Startups and Early Investing

Chen left full-time media work in 2015 to build companies of her own. She co-founded Accumulus, a financial technology platform-as-a-service business, and served as its chief marketing officer until 2017 [2][6]. It was her first sustained exposure to the operational side of fintech: compliance, enterprise sales, and the slow work of winning institutional clients.

Her next venture pushed into consumer technology. In 2017 she founded ReigVR, a Beijing based virtual reality startup, and led it as chief executive through 2020. Published profiles state that she took the company from angel funding to a valuation of roughly 20 million RMB [2][6]. She followed that with a senior marketing role at XRSPACE, a VR social platform, where she ran China marketing and business development from 2020 to 2022 [2].

Throughout these years Chen kept one foot in crypto. Among the notable Gracy Chen facts from this period: she became an early investor in BitKeep, a Web3 wallet startup that was later acquired and rebranded as Bitget Wallet [2][6]. The investment gave her a direct commercial link to the exchange she would eventually run, and it signaled that her interest in digital assets had matured from personal trading into strategic positioning.

Rise at Bitget

Chen joined Bitget in June 2022 as managing director, arriving during one of the worst downturns in cryptocurrency history. The collapse of the Terra ecosystem that spring, followed by the failure of FTX in November, drained trust from centralized exchanges worldwide. Bitget, a derivatives-focused platform founded in 2018 and headquartered in Seychelles, used the turmoil to expand while rivals retrenched [4][5].

As managing director, Chen oversaw global expansion, branding, and institutional outreach. Company statements and press coverage credit her tenure with a roughly fourfold increase in the exchange's user base, alongside high-profile sponsorship deals including partnerships with footballer Lionel Messi and Spain's La Liga [4][2]. She also became the exchange's most visible spokesperson in English-language media, a natural extension of her broadcasting background.

In May 2024 Bitget announced that Chen would become chief executive officer, succeeding Sandra Lou [4][5]. The appointment drew attention across the industry press, partly because leadership changes at top-ten exchanges are rare, and partly because it placed a woman at the head of a major platform in a sector where senior roles remain overwhelmingly male.

Leadership and Advocacy

As CEO, Chen has presided over a broad product portfolio: the core spot and derivatives exchange, the Bitget Wallet for self-custody and Web3 access, and payment products such as the Bitget Card [3][4]. Her public messaging emphasizes transparency measures, including proof-of-reserves reporting, and the goal of moving cryptocurrency from speculative trading toward everyday financial use.

Among Gracy Chen achievements outside the balance sheet, her diversity and education programs are the most distinctive. Before joining Bitget she launched a mentorship initiative for women in technology called SheShapes; at Bitget this work evolved into the #Blockchain4Her program, backed by a multi-million dollar commitment to support women entering the industry, and #Blockchain4Youth, an educational campaign aimed at students [2][6]. She speaks regularly at industry conferences on both themes.

Chen has also been willing to weigh in on industry controversies. In 2025 she publicly criticized the handling of a token delisting dispute involving a rival exchange and commented on market manipulation incidents affecting Bitget's own platform, positions that kept her in the trade press as an outspoken voice on exchange governance [3]. Coverage of these episodes has been factual and largely non-contentious, consistent with her reputation as a communicator first and a trader second.

Significance

Chen's career is often cited as an example of how the cryptocurrency industry recruits leadership from outside traditional finance. A mathematics graduate who passed through journalism, virtual reality, and angel investing before running an exchange, she embodies the sector's hybrid character: part technology, part media, part market infrastructure [2][3].

Her promotion also carried symbolic weight. Studies and industry surveys have repeatedly documented the underrepresentation of women in senior crypto roles, and Chen's appointment made her one of the most senior female executives in the global exchange business [5][4]. Through #Blockchain4Her she has tried to convert that visibility into a pipeline, funding education and mentorship rather than relying on example alone.

Because Chen is a living executive in mid-career, any assessment of her long-term legacy is provisional. What the record shows so far is a consistent pattern: early conviction about blockchain when it was unfashionable, rapid user growth at Bitget under her leadership, and sustained public advocacy for making digital assets more transparent and more inclusive [2][4][6].

Questions & Answers

Who is Gracy Chen?
Gracy Chen is the chief executive officer of Bitget, a global cryptocurrency exchange headquartered in Seychelles. She took the role in May 2024 after two years as the company's managing director, and previously worked as a Phoenix TV host and a virtual reality entrepreneur.
When did Gracy Chen become CEO of Bitget?
Bitget announced her promotion to chief executive officer in May 2024, when she succeeded Sandra Lou. She had joined the exchange as managing director in June 2022 and led its global expansion during that period.
What is Gracy Chen famous for?
She is best known for leading Bitget, one of the largest crypto derivatives exchanges, and for her earlier career interviewing figures such as Tim Draper and Ray Kurzweil on Phoenix TV. She also founded the diversity initiative that became Bitget's #Blockchain4Her program.
Where did Gracy Chen study?
Chen studied applied mathematics at the National University of Singapore, reportedly on a full scholarship. She later earned an MBA from the MIT Sloan School of Management, where she was co-president of the MIT Sloan Blockchain Club.
What did Gracy Chen do before joining Bitget?
Before Bitget she hosted finance and technology programs for Phoenix TV, co-founded the fintech firm Accumulus, founded the Beijing VR startup ReigVR, and led China marketing for XRSPACE. She also invested early in cryptocurrencies and in the wallet startup BitKeep.
When was Gracy Chen born?
Her exact birthdate has not been made public. Published profiles state that she was born and raised in southwestern China and was brought up by a single mother before winning a scholarship to study in Singapore.

References

Every record in this archive is kept against verifiable sources.

  1. [1]Gracy Chen: Early Life and Net Worth, The Vision Behind Bitget's Global Expansion. 36Crypto. Web
  2. [2]Gracy Chen, People in Crypto. IQ.wiki. https://iq.wiki/wiki/gracy-chenWeb
  3. [3]Gracy Chen, CEO at Bitget. CryptoSlate. https://cryptoslate.com/people/gracy-chen/Web
  4. [4]Bitget Appoints Gracy Chen as CEO. Bitget, 2024-05. https://www.bitget.com/blog/articles/bitget-appoints-gracy-chen-as-ceoPrimary source
  5. [5]From TV Host to Crypto Exchange CEO: Gracy Chen at the Helm of Bitget. Finance Magnates, 2024. https://www.financemagnates.com/executives/moves/from-tv-host-to-crypto-exchange-ceo-gracy-chen-at-the-helm-of-bitget/News
  6. [6]Gracy Chen (CEO of Bitget). Baidu Baike (English). Web
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