Archive | BitGo

Crypto Week In Review: Institutions Finally Ready to Commit to Bitcoin

Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week. BitGo Receives U.S. Regulatory Approval To Launch Custody Solution On Thursday, CNBC divulged that BitGo, a well-known… […]

BitGo Becomes Officially Qualified Crypto Custodian in United States

BitGo has received approval from the South Dakota Division of Banking to be a public South Dakota Trust Company. This makes it an officially licensed crypto custodian in South Dakota, and the rest of the United States, because other states generally practice reciprocity when it comes to this sort of license. BitGo claims to be […]

BitGo CEO: Bitcoin Needs Fresh Capital, Wall Street is Coming in

In a development that flew under the radar of most, an American blockchain startup has just received the go-ahead from a U.S. state regulator to establish a digital asset custody product. The firm’s CEO then took to CNBC to convey details about this product and what it means for this budding industry. The BitGo Crypto… […]

Bitcoin Price Watch: Currency Up by $300, Possibly Entering Recovery Phase

At press time, the father of cryptocurrency is trading for over $6,500. This is about $300 more than where it stood yesterday. Some analysts are going so far as to say that bitcoin is entering a “recovery phase.” While a $300 jump is a good thing, at this point, we must remain intelligent and come […]

BitGo Offers New Crypto Custodial Products for Financial Firms

BitGo has released a new suite of cryptocurrency custodial products aimed at Wall Street financial firms. It is claimed that 15% of Bitcoin transactions occur through BitGo’s wallet services, with BitGo software processing over USD 10 billion of cryptocurrency transactions per month. BitGo is seeking to attract USD 20 billion that it expects institutional investors to […]

Bitgo Launches Institutional Grade Custodial Services Suite

This weekend the leading cryptocurrency security platform, Bitgo, announced the launch of custodial storage solutions for institutional investors. The new custodial program aims to offer a multi-level suite for digital asset security in partnership with the firm Kingdom Trust. Also read: Markets Update: Cryptocurrencies Lose Steam During the Weekend Bitgo Offers a Secure Custodial Platform for […]