Wu said that cryptocurrency exchange BitMart announced that founder Sheldon Xia will take over as the Group President, and Nenter (Nathan) Chow has been appointed as the company's new Global CEO. Sheldon Xia will focus on BitMart's long-term strategy, product innovation, and continuous improvement of platform security. As a former partner at Animoca Ventures, Nenter led investments in several well-known blockchain projects. Before entering the Web3 field, he accumulated over 17 years of investment banking experience at institutions such as JP Morgan, Mitsubishi UFJ Financial Group (MUFG), and Industrial and Commercial Bank of China (ICBC). BitMart reiterated its strategic plan for 2025, aiming to further expand into high-potential emerging markets such as the Middle East & North Africa and Latin America, enhance AI-driven trading tools and analytical capabilities, strengthen institutional services, and improve the Web3 user experience on the platform.