KuCoin has announced a significant partnership with Ceffu, aimed at elevating the standards of institutional cryptocurrency custody. This strategic alliance is designed to bolster security, compliance, and governance for professional investors in the digital asset space.
The collaboration represents a pivotal step for KuCoin Institutional, which is the exchange”s dedicated service for professional clients. By working with Ceffu, a recognized provider of institutional-grade custody solutions, KuCoin seeks to offer enhanced security measures and compliance frameworks for its clients. This partnership follows previous agreements with licensed custodians, further solidifying KuCoin”s commitment to developing a robust custody ecosystem.
BC Wong, CEO of KuCoin, emphasized that “Institutional trust begins with infrastructure.” He highlighted that the partnership with Ceffu not only strengthens their custody framework but also ensures that clients can access global markets with the necessary safeguards in place.
Objectives of the KuCoin and Ceffu Alliance
Ian Loh, CEO of Ceffu, remarked that “Security isn”t a feature, it”s the foundation institutions build on.” This partnership aims to deliver a custody infrastructure that meets the highest benchmarks for security and operational governance. As both companies collaborate on new initiatives, they are set to introduce enhanced standards that focus on compliance and governance for institutions involved in digital assets.
While specific product details are yet to be disclosed, the partnership aligns with KuCoin”s broader strategy for institutional digital asset custody. This includes a focus on asset segregation, transparent risk controls, and scalable trading connectivity—all crucial for meeting the needs of institutional investors.
KuCoin Institutional”s Offerings
Launched recently as part of KuCoin”s rebranding, KuCoin Institutional serves a variety of professional clients including funds and corporate investors. The platform provides advanced trading infrastructure, broad liquidity access, and partnerships with external custodians. Key services include VIP trading desks, personalized account management, and tailored OTC execution.
These offerings are designed to support institutional clients in managing their trading strategies while ensuring compliance with regulatory standards. As of 2024, KuCoin is actively expanding its institutional relationships across various global markets.
Ceffu”s Custody Technology
Ceffu is positioned as a compliant custody platform, certified under ISO 27001 and ISO 27701, with additional attestations for SOC2 Type 1 and Type 2. The platform employs multi-party computation (MPC) custody technology, which provides a flexible and secure environment for institutional clients to manage their digital assets according to their internal policies and regulatory obligations.
In addition to its technical capabilities, Ceffu assists clients in navigating evolving regulatory landscapes, ensuring that their custody solutions remain compliant across various jurisdictions.
As both companies prepare to unveil more details about their partnership, the focus remains on enhancing the security and compliance landscape for institutional investors in the cryptocurrency market. By integrating KuCoin”s trading infrastructure with Ceffu”s custody technology, this partnership aims to foster a more compliant and scalable environment for institutional participation in digital assets.
