Crypto exchange KuCoin has partnered with BitGo Singapore to allow institutional clients to trade without the need to pre-fund their wallets, emulating the familiar trading experience of traditional finance (TradFi). By leveraging BitGo's Go Network for off-exchange settlement, KuCoin ensures that clients' assets remain stored securely with BitGo, thus adhering to a model that separates custody from execution to reduce counterparty and systemic risks. This initiative comes as crypto companies strive to create tools that address the needs of institutional clients, following past challenges faced in the crypto market, such as the collapse of Silvergate Bank's Exchange Network. KuCoin's full suite of trading products, including spot, margin, options, and perpetual futures, is now accessible through this new arrangement, positioning the exchange to attract a broader institutional clientele and enhance the competitive landscape in the crypto trading sector.

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