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Crypto exchange HTX has announced a partnership with BitGo Singapore, a provider of secure digital asset infrastructure, to integrate BitGo’s Go Network Off-Exchange Settlement (OES) solution. The move comes as institutional demand for secure and flexible trading infrastructure continues to grow.
The integration will allow HTX clients to trade cryptocurrencies while keeping their assets in BitGo Singapore’s regulated cold custody. This approach ensures full asset control and segregation, enabling users to mitigate counterparty risk while maintaining access to HTX liquidity and trading infrastructure.
The partnership highlights the increasing focus on security and operational efficiency among institutional crypto traders.
Justin Sun, Member of the Global Advisory Board, HTX
Justin Sun, Advisor to HTX, commented:
“At HTX, security and trust are non-negotiable. By integrating BitGo’s Go Network, we’re setting a new standard for institutional-grade trading. We are excited to collaborate with BitGo to deliver a next-level trading experience that prioritises user protection and operational excellence.”
The Go Network architecture keeps client funds in cold storage and insures them up to $250 million under BitGo Singapore Pte. Ltd., which holds a Major Payments Licence from the Monetary Authority in Singapore. Assets remain bankruptcy-remote and fully in the client’s name, never exposed to exchanges or counterparties. This model aligns with HTX's compliance and user protection protocols.
Clients can allocate trading capital to HTX as needed, executing trades with allocated funds without moving assets directly onto the exchange. This arrangement offers flexibility to deploy capital efficiently and respond quickly to market opportunities, all while retaining asset control.
By separating custody and trading functions, the collaboration aims to simplify operations and reduce risk for institutional users. Automated post-trade settlement workflows within BitGo Singapore’s regulated custody rails are designed to reduce manual friction and increase transparency, compliance, and reliability throughout the trade lifecycle.
The partnership forms part of HTX's broader strategy to enhance user experience, strengthen platform resilience, and expand institutional accessibility through selective collaborations. By adopting advanced custody and settlement infrastructure, HTX is seeking to improve operational transparency and support institutional adoption in the digital asset sector.
