Alyssa Davidson
Posted: Apr 21, 2026 8:09 AM Updated: Apr 21, 2026 8:09 AM
Edit and fact check date: April 21, 2026, 8:09 AM
briefly
Bitget is launching Project Ulysses to re-engage institutional clients and cull new entrants by providing enhanced trading tools, credit access, and integrated execution under the UEX framework by 2026.
Cryptocurrency exchange Bitget announced the launch of Project Ulysses, described as an institutional re-engagement and acquisition initiative that aims to bring dormant clients back to the platform while onboarding a limited group of new institutional participants. The program is scheduled to run until June 30, 2026, and is structured to help institutions resume or initiate trading activities within Bitget’s integrated trading environment.
Project Ulysses builds on a series of institutional infrastructure upgrades introduced in the UEX framework that integrate execution, capital management and risk control into a single operating structure. Over the past year, Bitget has expanded its institutional product stack across custody solutions, connectivity systems, and account architecture in an effort to support more advanced professional trading needs.
Recent developments include the launch of the PRO Account system, which introduces tiered access to fees and services, and the introduction of LOLA connectivity, designed to support low-latency execution for high-frequency and algorithmic trading operations. These upgrades are complemented by UEX’s cross-asset margin functionality, allowing institutional users to allocate integrated pools of capital across both spot and derivatives markets.
Targeted institutional re-engagement through improved infrastructure access
Within Project Ulysses, eligible institutional participants will be granted temporary access to enhanced PRO tier features, including upgraded account status, expanded API limits, and additional institutional connection tools. The program also includes performance-based access to a two-month interest-free institutional credit facility of up to $3 million to support capital deployment as trading activity increases.
“We want to provide institutions with a clearer path to re-enter the market or a more structured method of entry,” Gracy Chen, CEO of Bitget, said in a written statement. “We are focused on making it easier to activate capital within an environment that brings execution, liquidity and risk management together. This is where the UEX model becomes practical for institutional users,” she added.
The initiative is limited to 50 institutional participants globally, including both new customers and existing users with relatively little recent trading activity. Project Ulysses is intended to accelerate institutional participation by combining targeted onboarding and expanded infrastructure access, while strengthening Bitget’s position as a venue focused on liquidity, execution quality, and capital efficiency.
This launch comes as interest in tokenized financial products continues to grow, while institutional participation in digital asset markets continues to increase. As capital flows expand across an increasingly diverse array of asset classes, trading venues that offer integrated execution, asset management, and financial tools are becoming more prominent.
Project Ulysses represents the next step in Bitget’s institutional development strategy, with a continued focus on compliance, security, product expansion, and asset management under the UEX framework. These components are being developed as part of an integrated system designed to support institutional-scale activities across evolving digital markets.
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About the author
As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
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As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.