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By Omkar Godbole|Edited by Oliver Knight
Updated Apr 30, 2025, 10:09 a.m. Published Apr 30, 2025, 10:08 a.m.
- KuCoin has committed $2 billion in a new initiative aimed at boosting transparency and enhancing crypto security.
- The announcement was made at TOKEN2049 in Dubai on Wednesday.
Digital assets exchange KuCoin has unveiled a new initiative, the “Trust Project,” with a massive $2 billion investment aimed at reinforcing user safety, boosting transparency, and ensuring long-term accountability in the crypto market.
The announcement came during TOKEN2049 Dubai, where KuCoin CEO BC Wong, alongside the exchange’s European Union CEO Oliver Stauber, detailed the initiative’s vision to align crypto operations more closely with regulatory frameworks and user-centric principles.
STORY CONTINUES BELOW
At its core, the Trust Project focuses on key values such as infrastructure neutrality, responsible innovation, and enhanced protections against platform risks. KuCoin’s native token, KCS, play a more pivotal role in governance, ecosystem management and user reward programs.
“We’re directing resources where they count — toward building credibility, protecting our users, and securing the future of crypto,” Wong said during his keynote.
Omkar Godbole is a Co-Managing Editor on CoinDesk’s Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.
