Cryptocurrency exchange Bitget and blockchain security firm BlockSec have published a joint framework setting out security standards for a new class of trading platform that combines crypto-native assets with traditional financial instruments such as stocks, ETFs and tokenized funds.
The report, titled “The UEX Security Standard: From Proof to Protection” and released on February 9, 2026, responds to what the authors describe as a structural shift in how exchanges operate. As platforms move toward “Universal Exchange” (UEX) models, where users trade crypto and traditional assets from a single unified account, the security risks change. A vulnerability in one asset class can cascade across the entire platform.
The term UEX was first proposed by Bitget CEO Gracy Chen at the company’s seventh anniversary event. Bitget has since rolled out a full suite of traditional finance products alongside its crypto offerings.
Five pillars
The framework defines five system-level standards:
- Verifiable solvency with buffers: Exchanges should provide cryptographic proof of reserves at high frequency, maintaining ratios well above 100%. Bitget currently reports a reserve ratio of 163% across major assets.
- Multi-asset risk isolation: Logical firewalls between crypto, tokenized real-world assets and traditional finance settlement engines, preventing a flash crash in one market from triggering margin calls in another.
- Compliance-grade privacy: Data handling protocols that satisfy regulatory requirements for traditional assets while preserving user privacy.
- AI-driven real-time security: Automated monitoring capable of identifying and blocking suspicious transactions within the same execution cycle, rather than relying on slower human intervention.
- Zero-trust infrastructure: No internal or external entity receives permanent access, and failures in one application layer cannot escalate to compromise core systems.
“The transition to Universal Exchanges changes the nature of security risk,” said Chen. “Security can no longer be limited to individual assets or reactive disclosure. It must operate at a systemic level, where risks are identified early, isolated by design, and verified in real-world conditions.”
BlockSec co-founder and CEO Yajin Zhou said: “Platforms must ensure asset transparency, pricing integrity, and protection of off-chain dependencies at the same level as on-chain systems.”
Bitget currently maintains a protection fund valued at roughly $580 million and uses BlockSec’s Phalcon system for real-time transaction interception. The partnership also includes regular simulated attacks designed to probe vulnerabilities in cross-asset margin logic.
The report is intended as a reference for exchanges, regulators and market participants building multi-asset trading infrastructure.
