HTX and BitGo Join Forces to Offer Secure Institutional Trading
HTX, a leading worldwide cryptocurrency exchange, is happy to announce its collaboration with BitGo Singapore, the leading company of protected digital asset facilities, to integrate BitGo’s Go Network Off-Exchange Settlement (OES) option. This cooperation marks a significant improvement in HTX’s mission to supply users with a more safe, capital-efficient, and streamlined trading experience.As institutional demand for versatile and safe trading facilities grows, HTX continues to blaze a trail in providing cutting-edge innovations that minimize threat and optimize user experience. The combination of Go Network permits HTX clients to trade crypto perfectly while keeping their properties safeguarded in BitGo Singapore’s managed cold custody. This ensures complete property control and segregation, allowing users to alleviate counterparty risk while maintaining continuous access to HTX’s deep liquidity and advanced trading infrastructure.
“At Trust, security and htx are non-negotiable,” said Justin Sun, Consultant to HTX. “By incorporating BitGo’s Go Network, we’re setting a brand-new requirement for institutional-grade trading. We are thrilled to team up with BitGo to provide a next-level trading experience that prioritizes user protection and functional excellence.”
Improved Security with Institution-Grade Custody
The Go Network architecture makes sure that customer funds stay in freezer and guaranteed up to $250M under BitGo Singapore Pte. Ltd., which has its Significant Payments License from the Monetary Authority in Singapore. Possessions are never exposed to exchanges or counterparties, and remain bankruptcy-remote and totally in the client’s name. This security design aligns seamlessly with HTX’s stringent compliance and user defense protocols.
Capital Performance Through Off-Chain Settlement
With their assets securely kept in the BitGo custody, clients can designate trading capital to HTX as required and execute trades using allocated funds without moving assets directly onto the exchange. This provides HTX users with greater versatility to release capital effectively, optimize strategies, and react quickly to market chances– all while protecting property control.
Streamlined Post-Trade Operations
By segregating custody and trading functions, HTX and BitGo Singapore deliver functional simpleness and danger mitigation. Users benefit from automated post-trade settlement workflows within BitGo Singapore’s regulated custody rails. This decreases manual friction and ensures greater openness, compliance, and reliability throughout the trade lifecycle.
Reinforcing HTX’s Vision for a More Secure, Smarter Trading Ecosystem
This partnership with BitGo Singapore lines up with HTX’s broader method to improve user experience, strengthen platform resilience, enhance institutional ease of access, and expand its ecosystem through selective cooperations. By accepting cutting-edge custody and settlement infrastructure, HTX continues to raise the bar for functional transparency and institutional adoption in the crypto space.
About HTXFounded in 2013, HTX has progressed from a virtual possession exchange into an extensive ecosystem of blockchain services that span digital asset trading, monetary derivatives, research study, investments, incubation, and other businesses.As a world-leading gateway to Web3, HTX harbors international capabilities that enable it to supply users with safe and reliable services. Complying with the growth strategy of “Global Expansion, Prospering Ecosystem, Wealth Impact, Security & Compliance,” HTX is committed to offering quality services and values to virtual possession lovers worldwide.To learn more about HTX, please go to HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
About BitGoBitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, settlement, trading, and financing services from controlled freezer. Since our founding in 2013, we have focused on enabling our customers to securely navigate the digital asset area. With a large worldwide presence through several controlled entities, BitGo serves thousands of organizations, consisting of a number of the industry’s leading brands, exchanges, and platforms, in addition to millions of retail financiers worldwide. As the operational backbone of the digital economy, BitGo manages a substantial portion of Bitcoin network deals and is the largest independent digital asset custodian, and staking provider, worldwide. To find out more, see http://www.bitgo.com/products/go-network
