KuCoin CEO Unveils $2 Billion Trust Project to Reinforce Crypto Security

In a bold step toward rebuilding and reinforcing trust in the cryptocurrency space, KuCoin CEO BC Wong has announced the launch of the company’s most ambitious initiative yet—the $2 billion Trust Project. In an open letter addressed to users, Wong detailed how the platform, now serving over 41 million users globally, plans to reshape the future of crypto security, transparency, and user protection.

Framing this milestone as the result of five years of continuous development and innovation, Wong emphasized KuCoin’s unwavering commitment to its core mission: creating a secure and reliable trading environment.

From Crisis to Leadership

The announcement comes at a pivotal moment in crypto’s evolution. The market’s recent history has been riddled with trust crises, from exchange collapses to regulatory crackdowns. Wong referenced the turbulence of 2022, when investor faith wavered significantly, as a turning point for KuCoin.

Rather than retreat, KuCoin responded proactively by launching monthly Proof of Reserves (PoR) to ensure users could verify their assets were fully backed and accessible. “We didn’t just hear your concerns—we acted,” Wong wrote.

That action, he explained, laid the foundation for the Trust Project—a comprehensive upgrade to KuCoin’s operational, technological, and regulatory infrastructure.

Raising the Bar: Security and Certifications

As part of its evolving security roadmap, KuCoin has earned some of the industry’s most sought-after certifications. In 2025, the exchange obtained SOC 2 Type II Certification, a rigorous audit standard for managing user data with the highest level of security and operational integrity. This adds to its ISO 27001:2022 certification, cementing KuCoin’s reputation as a security-first platform.

With five regulatory licenses already acquired, KuCoin is now actively pursuing MiCAR licensing within the European Union, demonstrating its intent to not just comply with, but help shape global regulatory standards.

Zero Trust, Total Resilience

The $2B Trust Project is not just about certifications—it’s about overhauling the way security is integrated into every layer of KuCoin’s operations. The company now operates on a zero trust architecture, where every access request is verified, and every interaction is monitored.

Real-time dashboards track platform performance around the clock. Advanced systems predict and prevent threats before they occur, and a global bounty program incentivizes top-tier ethical hackers to stress-test KuCoin’s infrastructure continuously.

“Our Spot V3 system even includes audit-focused features like raft replay capabilities for future-proof transparency,” Wong explained.

User-Centric Innovation and Governance

Looking ahead, the Trust Project will also deepen community involvement. KuCoin Token (KCS) holders will gain a greater role in platform governance, helping shape policy and security enhancements through a rewards-based structure.

Wong envisions a platform where AI tools identify risks, reserves are tracked live on-chain, and users remain at the heart of innovation.

A Call to Action

Wong concluded his letter with a message to the broader industry: “Security, transparency, and accountability must be shared goals. Together, we can build a crypto ecosystem worthy of global trust.”

With the Trust Project now underway, KuCoin has placed itself at the forefront of that mission—not just surviving the storm, but leading the way forward.

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