“Not only is BitGo trusted and allows us to provide more access to our native tokens on Avalanche,” John Wu, president of Ava Labs, told CoinDesk in an interview, “but given the enterprise push, and the institutional support of Avalanche, this really is a very powerful company to partner with.” Source link … [Read more...] about Crypto Custodian BitGo Adds AVAX Support as Institutions Eye Avalanche
BitGo
BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President
“Institutional custody is not the same as retail custody,” Mike Belshe, CEO of BitGo, said in a statement. “BitGo Trust Company was designed from the ground up to meet the needs of institutional investors, and it is the only independent qualified custodian focused on building the right market structure and facilities to enable institutions to enter the digital asset space with … [Read more...] about BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President
BitGo receives trust license from New York regulators
Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services.According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking to make large investments in crypto in compliance with local regulations.With the new … [Read more...] about BitGo receives trust license from New York regulators