New Benchmark in Exchange Security: Huobi HTX Integrates BitGo's Go Network OTC Settlement System for Enhanced Asset Security and Trading Efficiency
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New Benchmark in Exchange Security: Huobi HTX Integrates BitGo's Go Network OTC Settlement System for Enhanced Asset Security and Trading Efficiency
Huobi HTX partners with BitGo Singapore to integrate the Go Network OTC settlement system, enabling complete segregation of user assets and enhancing security and efficiency for institutional-grade digital asset trading.
Navigating Web3 tides with focused insightsHTX and BitGo Join Forces: Creating a New Paradigm for Institutional-Grade Digital Asset Security and Trading
HTX, a global leader in cryptocurrency exchanges, today announced a strategic partnership with BitGo Singapore, a leading digital asset custodian, to integrate its Go Network off-exchange settlement (OES) system. This collaboration marks a significant milestone in HTX's mission to deliver a safer, more efficient, and seamless trading experience for users.
To meet the growing demands of institutional trading while balancing security and capital flexibility, HTX continues to lead industry-wide technological advancements, offering services that minimize risk and maximize user experience. With the integration of the Go Network, HTX users can now enjoy smooth trading operations while their assets remain securely held in BitGo Singapore’s compliant cold wallets—ensuring complete isolation and control over their holdings. This mechanism reduces counterparty risk without compromising access to HTX’s deep liquidity and advanced trading features.
Sun Yuchen, Global Advisor at HTX, said: "Security and trust are the foundation of HTX. Integrating BitGo’s Go Network redefines institutional-grade trading standards. This partnership underscores HTX’s unwavering commitment to protecting user assets and enhancing trading experiences."
Threefold Upgrade: Breakthroughs in Security, Efficiency, and Compliance
With the integration of Go Network, user assets on HTX will be fully custodied by BitGo Singapore—a licensed Major Payment Institution (MPI) regulated by the Monetary Authority of Singapore (MAS). This ensures complete separation of user assets from both the exchange and any trading counterparties. The bankruptcy-remote structure guarantees that asset ownership always remains with the user, reflecting HTX’s steadfast adherence to compliance and user protection principles.
Enhanced Capital Efficiency via Off-Exchange Settlement
User funds remain securely stored with BitGo at all times. For trading purposes, only designated assets need to be allocated to HTX—no full transfers to the exchange are required. This preserves capital flexibility, optimizes trading strategies, enables rapid response to market opportunities, and maintains absolute user control over assets.
Simplified Trading Operations
The collaboration between HTX and BitGo Singapore streamlines operations and reduces risks by decoupling custody from trading functions. Users benefit from automated trade settlements powered by BitGo Singapore’s compliant custody infrastructure. This minimizes manual intervention and enhances transparency, compliance, and reliability across the entire trading lifecycle.
Advancing HTX’s Vision: Building a Safer, Smarter Trading Ecosystem
This partnership is a pivotal step in HTX’s security ecosystem strategy, significantly improving user experience, platform resilience, institutional collaboration, and overall ecosystem growth. By integrating cutting-edge custody and settlement technologies, HTX is continuously advancing operational transparency and strengthening institutional partnerships within the digital asset space.
About HTX
Founded in 2013, HTX has evolved over 11 years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem encompassing digital asset trading, financial derivatives, research, investment, incubation, and more.
As a leading global Web3 gateway, HTX adheres to a development strategy centered on global expansion, ecosystem prosperity, wealth creation, and security compliance—delivering comprehensive, secure, and reliable value and services to crypto enthusiasts worldwide.
To learn more about HTX, visit HTX Square or https://www.htx.com/, and follow us on X, Telegram, and Discord. For inquiries, contact glo-media@htx-inc.com.
About BitGo
BitGo is a leading global digital asset infrastructure provider offering custody, wallet, staking, trading, financing, and settlement services. Since its founding in 2013, BitGo has been dedicated to helping clients explore and participate in the digital asset economy. Through a broad global footprint supported by multiple regulated entities, BitGo serves thousands of institutional clients—including top-tier brands, exchanges, and platforms—alongside millions of retail investors worldwide. As a foundational operator in the digital economy, BitGo processes a substantial portion of Bitcoin network transactions and is the world’s largest independent digital asset custodian and staking service provider.
For more information, visit: http://www.bitgo.com/products/go-network
Media inquiries: press@bitgo.com
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