Bitget has integrated Sygnum Bank's Protect custody service, allowing client assets to be held securely off-exchange under Swiss banking regulations. This move joins other major exchanges using Protect, which now covers over 50% of global spot and derivatives trading volume, with assets under custody growing over 900% in 2025 to exceed $1 billion. The custody model protects client funds from Bitget's corporate risks by legally segregating assets, appealing especially to institutional traders seeking enhanced security. Meanwhile, Bitget is exiting the Japanese market due to regulatory pressures, planning to close all Japanese accounts by the end of 2026.
Bitget's adoption of Swiss bank custody for institutional crypto trading is notable context for digital asset markets. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Sep 24, 2026 16:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell. Key movers include UNI at Rp158.760 with a 1-day change of -12.56% and 90% sell order activity, SUSHI at Rp4.377 down 11.27% with nearly balanced order activity, and BAL at Rp16.297 up 11.14%, typical hold time 85 days.
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