{"id":32612,"date":"2025-06-19T08:31:40","date_gmt":"2025-06-19T08:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32612"},"modified":"2025-06-19T08:31:40","modified_gmt":"2025-06-19T08:31:40","slug":"kucoin-allows-institutional-clients-to-trade-without-having-to-pre-fund-wallets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32612","title":{"rendered":"KuCoin Allows Institutional Clients to Trade Without Having to Pre-Fund Wallets"},"content":{"rendered":"<div>\n<p>Crypto exchange KuCoin is now allowing institutional clients to trade without having to pre-fund wallets, recreating a trading experience that they would recognize from the traditional finance (TradFi) world. <\/p>\n<p>The Seychelles-based exchange teamed up with BitGo Singapore and will use the crypto custodian&#8217;s Go Network for off-exchange settlement (OES), KuCoin said. <\/p>\n<p>&#8220;KuCoin\u2019s full suite of products \u2014 spot, margin, options, and perpetual futures \u2014 can now be accessed through Go Network, ensuring assets remain protected,&#8221; the exchange said in <a href=\"https:\/\/www.newswire.ca\/news-releases\/kucoin-joins-bitgo-singapore-s-go-network-for-off-exchange-settlement-reinforcing-2-billion-trust-project-888757610.html\">Thursday&#8217;s announcement<\/a>.<\/p>\n<p>As crypto companies seek to cash in on <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/11\/us-strategic-bitcoin-reserve-marks-milestone-in-institutional-adoption-gemini\">increasing crypto institutional adoption<\/a>, they&#8217;re faced with having to introduce tools that a familiar in TradFi. In this case, institutional clients&#8217; assets remain in BitGo Singapore&#8217;s storage, following the model of separating custody and execution to mitigate counterparty and systemic risk.<\/p>\n<p>For some, what KuCoin aims to offer has an echo of the now defunct Silvergate Bank&#8217;s Exchange Network (SEN) platform, which helped institutions move funds to exchanges. The bank discontinued the service in March 2023 <a href=\"https:\/\/www.coindesk.com\/policy\/2023\/03\/08\/crypto-bank-silvergate-announces-voluntary-liquidation\">shortly before it entered liquidation<\/a> during the crypto winter that had built throughout 2022 and came to a head with the collapse of FTX the previous November. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange KuCoin is now allowing institutional clients to trade without having to pre-fund wallets, recreating a trading experience that they would recognize from the traditional finance (TradFi) world. The Seychelles-based exchange teamed up with BitGo Singapore and will use the crypto custodian&#8217;s Go Network for off-exchange settlement (OES), KuCoin said. &#8220;KuCoin\u2019s full suite of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32612","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32612"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32612\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}