KuCoin has committed $2 billion to the “Trust Project”, announced by CEO BC Wong at TOKEN2049. Aimed at increasing transparency and security in the crypto industry, it aligns with KuCoin’s core values. The Trust Project also supports the KCS ecosystem to engage users. Founded in 2017, KuCoin is a leading global cryptocurrency exchange with over 40 million users.
In a significant move for the cryptocurrency landscape, KuCoin, a top global exchange, has announced a $2 billion investment into its newly initiated “Trust Project”. This initiative aims to bolster transparency, security, compliance, and responsible innovation in the crypto sector. CEO BC Wong revealed this ambitious plan during his keynote speech at TOKEN2049, which is taking place from April 30 to May 1, 2025.
Joining Wong on stage was Oliver Stauber, CEO of KuCoin EU, as they outlined their vision for creating a more trustworthy digital asset platform. With an audience of over 15,000 industry leaders, regulators, and crypto enthusiasts, their address focused on bridging the trust gap within the cryptocurrency market. They argued that the industry’s growth hinges on fostering accountability alongside innovation.
Wong stressed the importance of responsible innovation, stating, “Mainstream crypto demands responsible innovation. Big opportunities come with greater accountability.” The Trust Project is closely aligned with the core values of KuCoin, which include user protection, verifiable transparency, and compliance-first operations. This long-term commitment will not only promote security upgrades but also enhance regulatory collaboration and fund educational initiatives globally.
Moreover, KuCoin reiterated its dedication to the KCS (KuCoin Token) ecosystem, recognising it as fundamental to engaging the community and creating long-term value. The KCS token is expected to bolster user incentives, drive governance innovations, and expand its utility within KuCoin’s array of services and products.
This bold move positions KuCoin as a frontrunner in ethical leadership within the crypto space, striving to redefine the industry’s future through integrity and compliance. Founded in 2017, KuCoin has grown remarkably, boasting over 40 million users and offering wide-ranging digital asset solutions, from trading to research. The platform was recently praised by Forbes as one of the “Best Crypto Apps & Exchanges” and listed in the “Top 50 Global Unicorns” by Hurun in 2024. To learn more about their offerings, visit their official site at https://www.kucoin.com/.
