FeesSafety
Pluang+

Bitget launches Open Custody Network letting institutions trade while assets stay with external custodians.

Market News
06 Nov 2026, 12:00 WIB
Cointribune
View Source
Neutral
Bitget launches Open Custody Network letting institutions trade while assets stay with external custodians.

Bitget introduced the Open Custody Network, a system allowing institutional clients to trade spot, margin, and futures markets without transferring asset custody to the exchange. Instead, assets remain with external custodians, linked to trading accounts via asset mirroring. While promising no compromise on custody, Bitget acknowledges that trading, market, and custody risks persist. The network targets institutions like market makers and asset managers, but details on custodians, fees, and launch dates remain unspecified.

Bitget's launch of the Open Custody Network is the subject here, providing context for readers interested in digital asset markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 06, 2026 17:02 WIB: out of 50 priced cryptocurrencies, 5 rose and 44 fell. Notable movers include EOS up 8.13% at Rp12.649, XLM down 8.00% at Rp2.796, and ETH down 7.90% at Rp40.430.095.

More News

Indonesia data center market to double to $4.05B by 2032, driven by cloud and AI infrastructure growth.

Indonesia data center market to double to $4.05B by 2032, driven by cloud and AI infrastructure growth.

The Indonesia data center market is projected to grow from USD 2.08 billion in 2027 to USD 4.05 billion by 2032, at a CAGR of 14.28%. Growth is fueled by expanding hyperscaler cloud infrastructure, rising digital workloads, increasing demand for colo...

Market News
Bullish
1 hour ago
Vallourec secures €750M revolving credit facility to strengthen its investment-grade financial profile

Vallourec secures €750M revolving credit facility to strengthen its investment-grade financial profile

Vallourec has signed a new €750 million multicurrency revolving credit facility (RCF) to replace its previous credit lines, improving its financial structure with better terms and lower costs. The five-year facility, coordinated by BNP Paribas and Na...

Company Fundamentals
Bullish
4 hours ago
DNO ASA shares go ex-dividend Nov 6, paying NOK 0.375 per share on Nov 17.

DNO ASA shares go ex-dividend Nov 6, paying NOK 0.375 per share on Nov 17.

Norwegian oil and gas company DNO ASA announced its shares will trade ex-dividend starting November 6, 2026. Shareholders on record as of November 9 will receive a dividend of NOK 0.375 per share, payable around November 17. This dividend reflects th...

Company Fundamentals
Neutral
4 hours ago
Vallourec secures €750M multi-currency credit line, boosting investment-grade financial profile.

Vallourec secures €750M multi-currency credit line, boosting investment-grade financial profile.

Vallourec has signed a new €750 million multi-currency revolving credit facility (RCF) to replace its previous credit lines, improving its financial structure to align with an investment-grade profile. The new five-year credit line, with options to e...

Company Fundamentals
Bullish
4 hours ago
Bitcoin ETFs see $430M outflows as BTC price drops 5.3% near $75K

Bitcoin ETFs see $430M outflows as BTC price drops 5.3% near $75K

US-listed spot Bitcoin ETFs experienced $430.2 million in net outflows on November 5, continuing a trend of significant withdrawals that totaled about $869.8 million in the first four trading days of November. Major funds like BlackRock's iShares Bit...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App