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

2025/06/19 07:10:27
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In a significant move to bolster security and trust in the cryptocurrency space, we are pleased to announce our 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 partnership is part of our ambitious $2 Billion Trust Project, aimed at reinforcing platform security and fostering institutional confidence.
 
Through this collaboration, institutional clients can now trade on KuCoin without the need to pre-fund exchange wallets. Instead, their assets are securely held in regulated custody by BitGo Singapore, a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS). This setup not only enhances security but also diversifies counterparty and systemic risks.
 
Key Benefits for Institutional Clients
  • Qualified custody with insurance coverage up to $250 million
  • Automated post-trade settlement
  • Full asset control with delegated trading access
  • Access to KuCoin’s full suite of products, including spot, margin, options, and perpetual futures
 
Tika Lum, Head of Institutional Business Development at KuCoin, emphasized the importance of this integration:
 
“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, 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 the cryptocurrency industry continues to evolve, KuCoin’s commitment to security and compliance sets a high standard for others to follow. This integration with BitGo Singapore’s Go Network is a testament to KuCoin’s dedication to providing a safe and trustworthy trading environment for its over 41 million users worldwide.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world.BitGo Singapore is licensed as a Major Payment Institution by the Monetary Authority of Singapore (MAS). For more information, visit www.bitgo.com