According to Foresight News, Bitget's fifth edition of the King's Cup Global Invitation (KCGI) has seen over 1100 teams register after the opening of captain registrations. The competition allows anyone with contract assets of 100 USDT or more to register as a team captain. Once a captain has recruited nine or more members, the team is considered formed. The registration period for team captains was open from May 17th, 0:00 to June 6th, 23:59.