Exchanges· ★★★· bullish·

Bitget Joins Sygnum's Protect for Off-Exchange Collateral Custody

  • —Bitget joined Sygnum's Protect on Sept. 24
  • —Collateral stays in regulated Sygnum accounts in Switzerland
  • —Binance, Deribit and Bybit already use Protect
  • —Protect assets under custody rose 900% in 2025, topping $1 billion
Why it matters: More exchanges joining Protect cuts counterparty risk for institutions and boosts off-exchange collateral custody as a market standard.
Source: CoinDesk Japan
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