A major step in KuCoin’s $2B “Trust Project” to enhance institutional security.
Announced June 19, the partnership allows KuCoin’s institutional clients to trade without pre-funding exchange wallets. Assets are securely held under BitGo Singapore—regulated by the Monetary Authority of Singapore.
– The model separates custody from execution: – Reduces counterparty risk – Enhances fund security – Enables post-trade settlement and delegated trading access
– Full access to KuCoin’s trading products: – Spot – Margin – Options – Perpetual futures – Assets remain protected with BitGo’s $250M insurance coverage and regulated custody.
KuCoin calls this a cornerstone of its “Trust Project.” BitGo says the move helps shape a more secure and compliant digital trading ecosystem. Expect further innovation in off-exchange settlement.