Digital property trade KuCoin has unveiled a brand new initiative, the “Belief Undertaking,” with a large $2 billion funding aimed toward reinforcing person security, boosting transparency, and guaranteeing long-term accountability within the crypto market.
The announcement got here throughout TOKEN2049 Dubai, the place KuCoin CEO BC Wong, alongside the trade’s European Union CEO Oliver Stauber, detailed the initiative’s imaginative and prescient to align crypto operations extra intently with regulatory frameworks and user-centric rules.
At its core, the Belief Undertaking focuses on key values similar to infrastructure neutrality, accountable innovation, and enhanced protections in opposition to platform dangers. KuCoin’s native token, KCS, play a extra pivotal position in governance, ecosystem administration and person reward packages.
“We’re directing sources the place they rely — towards constructing credibility, defending our customers, and securing the way forward for crypto,” Wong stated throughout his keynote.