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KuCoin, a global cryptocurrency exchange with over 41 million users, has announced its integration with BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., through the Go Network for Off-Exchange Settlement (OES) platform. The move is part of KuCoin’s ongoing $2 billion “Trust Project”, which aims to reinforce platform security and institutional trust.
Through this new partnership, institutional clients on KuCoin can now execute trades without the need to pre-fund their exchange wallets. Instead, assets are securely held in regulated custody under BitGo Singapore, which is a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS). This arrangement introduces a model that separates custody and execution, thereby diversifying both counterparty and systemic risks while enhancing operational security.
The integration offers institutional clients a range of features aimed at improving security, compliance, and flexibility in digital asset trading. These include qualified custody with insurance coverage up to $250 million, automated post-trade settlement, and full asset control with delegated trading access. KuCoin’s suite of products—including spot, margin, options, and perpetual futures—will now be accessible via the Go Network, ensuring assets remain protected throughout the trading process.
Tika Lum, Head of Institutional Business Development at KuCoin
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 $2 Billion Trust Project and delivers a more resilient trading paradigm to institutional clients globally.”
Brett Reeves, Head of Go Network at BitGo
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 becomes more prevalent in the industry, KuCoin plans to continue collaborating with global leaders in compliance and custody to create a more secure and trustworthy digital asset trading environment.
