The setup aims to allow institutional clients to trade on the exchange while holding collateral in Swiss bankruptcy-remote accounts.

Bitget, a leading universal exchange, has partnered with Sygnum, a Swiss-Singaporean global digital asset banking group, to offer off-exchange custody through the bank’s Protect platform. Protect allows clients to keep assets in custody at Sygnum  The move will enable institutional clients to trade on the exchange while holding collateral in bankruptcy-remote accounts at a Swiss regulated financial institution. Protect allows clients to keep assets in custody at Sygnum while rece