Bitget launches Open Custody Network to let users trade without exchange custody
AI summary
Bitget launched its Open Custody Network (OCN), which lets eligible users trade spot, margin, and futures markets while their underlying assets stay with independent banks and institutional custodians. The November 5 announcement positions the exchange around self-custody-style asset protection rather than holding client funds itself. Traders may see this as a trust and risk-management feature, though it does not directly change prices or market structure.
