Bitget Launches Open Custody Network for Trading Without Exchange Custody
Bitget's new Open Custody Network connects independent banks and custodians to the exchange's trading engine using asset mirroring technology. This allows institutional participants like market makers and asset managers to access Bitget's liquidity across spot, margin, and futures markets without depositing funds into the exchange itself. The approach builds on Bitget's existing third-party custody partnerships and addresses institutional demand for non-custodial trading infrastructure.
Key points
- Users can trade spot, margin, and futures without transferring assets to Bitget
- System connects independent banks and custodians via asset mirroring
- Targets institutional participants like market makers and asset managers
- Builds on existing third-party custody provider partnerships
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