ChainCatcher reported that Bitget has integrated Fireblocks Off Exchange, giving institutional users a way to trade through on-chain MPC shared wallets without transferring their assets. According to the announcement, the arrangement allows institutions to retain self-control over their assets while gaining full access to Bitget’s liquidity and execution environment.
Trading execution and asset control in one operating setup
The central point of the integration is that institutional clients do not need to move assets before carrying out trades. Through Fireblocks Off Exchange and on-chain MPC shared wallets, asset control and trade execution are brought into the same operating process. For institutional users, this structure connects trading, fund management, and risk control requirements within a single environment.
Bitget CEO Gracy Chen said that, for institutions, the way capital is deployed is equally important. She stated that the integration further strengthens Bitget’s institutional service capabilities under its UEX framework by placing trade execution, fund management, and risk control into one unified operating environment.
Fireblocks points to the separation of custody and execution
Richard Astle, Vice President of Network at Fireblocks, said that the separation of custody and execution is becoming a benchmark expectation for institutional participation in the digital asset market. Regarding the cooperation, he said the model improves transparency, effectively reduces institutional clients’ risk exposure, and provides a more flexible and secure participation model for institutional-grade capital.
Based on the information disclosed by the two companies, the cooperation between Bitget and Fireblocks focuses on enabling institutions to access a trading execution environment without transferring assets. Fireblocks Off Exchange, on-chain MPC shared wallets, Bitget’s liquidity, and its execution environment are the main components described in the integration.