KuCoin Partners BitGo Singapore for Enhanced Institutional Trading Security

KuCoin, a prominent global cryptocurrency exchange, has announced a strategic partnership with BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., a leading digital asset infrastructure provider. This collaboration aims to integrate BitGo Singapore’s Go Network for Off-Exchange Settlement (OES) into KuCoin’s platform, enhancing security and institutional trust as part of KuCoin’s $2 Billion “Trust Project”.

Through this integration, institutional clients on KuCoin will be able to trade without pre-funding their exchange wallets. Instead, their assets will remain securely held in regulated custody under BitGo Singapore, which operates under the oversight of the Monetary Authority of Singapore (MAS). This setup separates custody from execution, diversifying counterparty and systemic risks and enhancing operational security for institutional participants.

This partnership provides institutional clients with a suite of features designed to meet the security, compliance, and flexibility requirements of the digital asset space. Benefits include qualified custody with substantial insurance coverage of up to $250 million, automated post-trade settlement processes, and full asset control with delegated trading access. KuCoin’s entire suite of trading products, including spot, margin, options, and perpetual futures, can now be accessed through the Go Network, ensuring client assets remain protected within BitGo’s secure custodial environment throughout the trading lifecycle.

Leaders from both KuCoin and BitGo have praised the collaboration as a significant step forward for institutional digital asset trading. Tika Lum, Head of Institutional Business Development at KuCoin, highlighted the importance of security and trust for institutional adoption. “We are proud to integrate with BitGo Singapore’s Go Network,” Lum stated. “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, echoed this sentiment, remarking, “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 in the cryptocurrency industry, KuCoin has affirmed its commitment to collaborating with global leaders in compliance and custody. The exchange aims to contribute to the development of a more secure and trustworthy digital asset trading environment for all participants.

Founded in 2017, KuCoin has established itself as a pioneering technology platform supporting digital economies. Built on a foundation of cutting-edge blockchain infrastructure, comprehensive liquidity solutions, and a focus on exceptional user experience, KuCoin serves a connected user base exceeding 41 million worldwide. The platform offers a wide array of digital asset solutions, including wallets, trading services, wealth management tools, payment systems, research initiatives, venture investments, and AI-powered trading bots. KuCoin has received accolades such as ‘Best Crypto Apps & Exchanges’ by Forbes and was recognized among the ‘Top 50 Global Unicorns’ by Hurun in 2024, reflecting its commitment to user-centric principles and core values like integrity, accountability, collaboration, and the pursuit of excellence.

BitGo, a leading infrastructure provider of digital asset solutions, delivers a comprehensive suite of services including custody, wallets, staking, trading, financing, and settlement, all from regulated cold storage environments. Since its founding in 2013, BitGo has focused on enabling its clients to navigate the digital asset space securely.