Erie Home Celebrates 100th Location (Image Courtesy: Eric Home Official website)

KuCoin Joins BitGo Singapore’s Go Network for Off-Exchange Settlement, Reinforcing USD 2 Billion Trust Project

KuCoin Joins BitGo Singapore's Go Network for Off-Exchange Settlement, Reinforcing USD 2 Billion Trust Project (Image Courtesy: PRNewswire)
KuCoin Joins BitGo Singapore's Go Network for Off-Exchange Settlement, Reinforcing USD 2 Billion Trust Project (Image Courtesy: PRNewswire)

KuCoin, a leading global cryptocurrency exchange with over 41 million users, recently announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin’s USD 2 billion “Trust Project” designed to strengthen platform security and institutional trust.

Through this integration, institutional clients on KuCoin can now trade without pre-funding exchange wallets. Assets remain securely held in regulated custody under BitGo Singapore, a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS). This setup offers a mature and proven model of custody and execution separation, diversifying counterparty and systemic risks while enhancing operational security.

(Image: bitgo and Kucoin Official websites)
(Image: bitgo and Kucoin Official websites)

Institutional clients trading on KuCoin now benefit from a comprehensive suite of features designed to enhance security, compliance, and flexibility in the digital asset space. Clients benefit from qualified custody with insurance coverage up to USD 250 million, automated post-trade settlement, and full asset control with delegated trading access. KuCoin’s full suite of products—spot, margin, options, and perpetual futures can now be accessed through Go Network, ensuring assets remain protected.

Tika Lum, Head of Institutional Business Development at KuCoin, commented:

“Security and trust are the foundation for institutional adoption. We are proud to integrate with BitGo Singapore’s Go Network. This partnership represents a critical component of our USD 2 Billion Trust Project and delivers a more resilient trading paradigm to institutional clients globally.”

Brett Reeves, Head of Go Network at BitGo, added: “Partnering with KuCoin on Go Network through BitGo Singapore marks a major step forward in building a more efficient trading ecosystem. This is how digital asset trading should be—secure, compliant, and built on trust.”

As off-exchange settlement gains traction across the industry, KuCoin will continue to work with global leaders in compliance and custody to build a more secure and trustworthy digital asset trading environment.

Source

Read Similar News:

MEXC Unveils “Proof of Trust” Campaign for Crypto Security, Audits, and User Protection

Cecabank and Bit2Me Ready to Launch Their Comprehensive Digital Asset Solution for Traditional and Digital Banks

BingX launches new Guaranteed Price feature in Perpetual Futures

(Visited 8 times, 1 visits today)

Share:

Facebook
Twitter
WhatsApp
LinkedIn

 

Comments are closed.

Social Media

Most Popular

ChronarPay - Real-Time B2B ERP Payment Portal (Image Courtesy: PRNewswire)
CNBS ePAY Rebrands as ChronarPay
Cunard’s latest programme includes 195 new itineraries between April 2027 and January 2028 (Image Courtesy: PRNewswire)
Luxury Bookings Drive Strong Trading Following Cunard's 2027 Programme Launch
Trucordia Names Leanne Ross as Senior Vice President, National Sales Leader (Image Courtesy: PRNewswire)
Trucordia Names Leanne Ross as Senior Vice President, National Sales Leader
Blockdaemon Appoints Alex Zinder as Chief Product Officer (Image Courtesy: Blockdaemon Official website)
Blockdaemon Appoints Alex Zinder as Chief Product Officer

Related Posts