Bitget Integrates Sygnum's Off-Exchange Custody Platform

Crypto exchange Bitget has taken its institutional clients' collateral off-exchange by integrating with Swiss digital asset bank Sygnum's custody platform.

The move reflects how off-exchange custody, once a niche safeguard for cautious trading desks, has become standard institutional infrastructure.

Under the tie-up, Bitget's institutional clients can trade spot and derivatives on the exchange while their collateral is held in Sygnum's regulated custody in Switzerland, where it is ring-fenced and bankruptcy-remote under Swiss banking law.

Sygnum said that with Bitget live on its Protect platform, the exchanges integrated with it now account for more than half of global spot and derivatives trading volumes.