KuCoin Launches $2 Billion Trust Project for Crypto Security and Transparency
KuCoin has launched the “Trust Project,” backed by a $2 billion investment, aimed at enhancing user safety and transparency in the crypto market. The announcement occurred at TOKEN2049 Dubai, presented by CEO BC Wong and EU CEO Oliver Stauber.
The initiative emphasizes:
- Infrastructure neutrality
- Responsible innovation
- Enhanced protections against platform risks
KuCoin's native token, KCS, will play a crucial role in governance and user reward programs. Wong stated the focus is on building credibility and securing the future of crypto.