Kuxbit Surpasses 10 Million Users, Institutional Partnership Fuels Record Trading Volume

Kuxbit, the fast-growing crypto exchange, announced this week that it has surpassed 10 million registered users globally, a milestone driven by a surge in institutional trading activity. The exchange reported a 200% increase in quarterly trading volume, reaching $85 billion, according to internal data shared with the press.

Institutional Adoption Behind the Boom

The growth spurt follows a strategic partnership announced in April with Horizon Capital, a Zurich-based asset manager overseeing $12 billion in assets. “Kuxbit’s robust infrastructure and regulatory-first approach made it the ideal venue for our digital asset allocation,” said Dr. Elena Voss, Horizon Capital’s head of institutional markets.

Key drivers of the milestone include:

• A new dedicated OTC desk for high-net-worth clients and family offices
• Expanded support for tokenized real-world assets, including bond and credit derivatives
• Licensing under the Dubai Virtual Assets Regulatory Authority (VARA), providing clarity for international investors

The exchange also rolled out a zero-fee spot trading tier for volumes above $10 million, further attracting institutional liquidity. Kuxbit’s CEO, Lucas Tan, stated that the company expects to exceed 20 million users by year-end, projecting a sustained path of “disciplined, compliant growth.”