KuCoin’s rolls out new support features for institutional clients

On Thursday, KuCoin announced its integration with BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., as part of its $2 billion “Trust Project.” The new system will enable institutional clients to trade digital assets on KuCoin without having to pre-fund their wallets. 

According to a June 19 press release revealing the partnership, the move was made possible through BitGo’s Go Network for Off-Exchange Settlement (OES), which allows clients to delegate trading access while retaining custody of their assets.

The partnership is reportedly designed to improve security, regulatory compliance, and operational flexibility for institutional investors. Through Go Network, clients trading on KuCoin gain access to several benefits, including qualified custody backed by insurance coverage of up to $250 million, automated post-trade settlement, and full control over their assets. 

Go Network integration to cover all of KuCoin exchange services

KuCoin said the integration will support all its trading services, spot, margin, options, and perpetual futures, without compromising on asset protection.

“Institutional clients trading on KuCoin now benefit from a comprehensive suite of features to upgrade security, compliance, and flexibility in the digital asset space,” the company said in its statement.

Tika Lum, Head of Institutional Business Development at KuCoin, said the partnership adds to the exchange’s long-term institutional ambitions. 

“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,” she stated.

Brett Reeves, who heads the Go Network at BitGo, called the collaboration a major step towards “building a more efficient trading ecosystem.” 

“This is how digital asset trading should be, secure, compliant, and built on trust,” Reeves stated.

The model introduced by KuCoin and BitGo is almost similar to the now-defunct Silvergate Exchange Network (SEN), which allowed institutions to move funds seamlessly between exchanges before its closure in March 2023. 

SEN’s shutdown came just prior to Silvergate Bank’s liquidation during the height of the crypto winter, against the backdrop of several industry failures, including the bankruptcy of beleaguered crypto exchange FTX.

KuCoin debuts regulated exchange in Thailand

Just less than a week ago, KuCoin launched a regulated local cryptocurrency exchange in Thailand. The expansion follows its acquisition of ERX Company, a licensed digital token trading platform previously operating under the oversight of Thailand’s Securities and Exchange Commission (SEC).

The platform was rebranded to the name KuCoin Thailand on April 22, 2025. Existing users of ERX were migrated to the updated infrastructure, with the business formally registered with Thailand’s Ministry of Commerce as of April 30, 2025.

KuCoin Thailand is the company’s first fully licensed local digital asset exchange. In its announcement last Friday, the company reiterated its focus on compliance and customer protection, citing recent certifications including SOC 2 Type II and ISO 27001.

Thailand’s crypto market is governed by strict regulatory oversight, and KuCoin’s acquisition of ERX, the country’s first SEC-supervised digital token exchange, gives it a foothold in one of the region’s most active crypto economies. 

Thailand currently hosts eight other licensed crypto exchanges, including Gulf Binance, Bitkub Online, Upbit Exchange, WAAN Exchange, Thai Digital Assets Exchange, InnovestX Securities, GMO-Z.com Cryptonomics, and Orbix Trade. 

The Southeast Asian country’s crypto market is expected to reach a revenue of approximately $488.9 million in 2025. Additionally, the number of users in the crypto sector is projected to amount to 7.84 million users.