Bitget Moves Institutional Collateral To Sygnum's Off-Exchange Custody
TLDR — Bitget's institutional clients can now hold trading collateral at Sygnum, the Swiss digital-asset bank, instead of on the exchange's balance sheet, the two companies said Thursday.
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Bitget's institutional clients can now hold trading collateral at Sygnum, the Swiss digital-asset bank, instead of on the exchange's balance sheet, the two companies said Thursday. The arrangement moves counterparty risk off the exchange. Collateral sits in segregated, bankruptcy-remote accounts... Read the full story at The Defiant
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