Bitget Moves Institutional Collateral To Sygnum's Off-Exchange Custody

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.

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