Kucoin has committed $2 billion to increase transparency, security and compliance on its platform. The multi-year trust project is already underway with a phased rollout. The initiative is also intended to strengthen the trust of KCS token utility and global users.
Kucoin has launched a $2 billion initiative called the Trust Project, which aims to dramatically improve the transparency of the platform, user protection and regulatory integrity.
What do you really need to lead in web3?
Our CEO @BC_Kucoin laid out it with @token2049! It starts with trust and ends with action. Swipe big moments ➡️ #kcs #kucoin #token2049 #cryptoloyalty #shapethefutureofcrypto pic.twitter.com/cr8nfjzkin
– Kucoin (@kucoincom) April 30, 2025
The announcement made on April 30 at Token2049 comes as centralized exchanges are putting pressure on them to rebuild trust in the aftermath of industry-wide concerns about asset safety, opaque operations and inconsistent regulatory compliance.
Increased transparency and security at Kucoin
According to Kucoin’s official statement, the Trust Project reflects a new commitment to exchange for long-term sustainability through verifiable transparency, security infrastructure upgrades and a compliance-first operational framework.
The exchange emphasized that the multi-year investment supports not only advances in internal security, but also broader collaboration with global regulators and education initiatives.
While specific details regarding the fund’s distribution remain unpublished, Kucoin has confirmed that the project is already underway, indicating that the investment is more than a symbolic pledge and is actively implemented.
CEO BC Wong reaffirmed the company’s intention to strengthen each pillar of its initiative, highlighting the evolution of the Kucoin Token (KCS) ecosystem as a core component of its roadmap.
He acknowledged that the timeline and exact budget allocation are still fixed, but the underlying strategy is already in motion and will be improved as each phase unfolds.
The initiative also seeks to connect the value of KCS tokens more closely together than participation in the platform. This suggests potential ecosystem strengthening that may include new token utilities and incentive mechanisms, although no formal plans have been announced.
Trust projects can also serve as a strategic pivot to greater infrastructure neutrality, opening the door to integration that supports a wider range of blockchain technologies and distributed assets.
Responding to regulatory scrutiny
The Trust Project Initiative demonstrates a proactive approach to addressing the history of regulatory scrutiny, particularly in jurisdictions such as Japan, Hong Kong and South Korea.
Despite these challenges, the exchange has experienced robust user growth, reporting a global user base of 38 million by the end of 2024, driven primarily by surges in Latin America and the Mena region.
By committing substantial capital to this comprehensive initiative, Kucoin appears to be positioning itself for a more regulated, transparent, and globally integrated future in the evolving crypto exchange landscape.
Trust Project highlights the wider industry changes that are increasingly forced by centralized platforms to adopt practices dedicated to institutional finance, including independent audits, booking verification and real-time reporting.
Kucoin works to clarify details about how $2 billion will be allocated, so we look closely at whether the Trust Project will offer ambitious promises, as well as the Crypto community and regulatory bodies.