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BitGo's Digital Assets Under Custody Exceed $16 Billion For The First Time
Summary: BitGo, a digital assets service company today announced that its digital assets under custody exceed $16 billion for the first time, which represents a big milestone for itself. The official press release stated that institutional investors are seeking exposure to "custodial, trading and lending" digital assets. CEO Mike Belshe commented: “We’re seeing unprecedented interest from ...
BitGo, a digital assets service company today announced that its digital assets under custody exceed $16 billion for the first time, which represents a big milestone for itself. The official press release stated that institutional investors are seeking exposure to "custodial, trading and lending" digital assets. CEO Mike Belshe commented: “We’re seeing unprecedented interest from institutional investors as a result of the pandemic’s economic impact, as well as Bitcoin’s extraordinary performance.”
BitGo is founded in 2013, Galaxy Digital Ventures and Goldman Sachs are its investors, the scope of business includes digital wallet services, providing liquidity, custody, and security solutions for institutional investors.
By Mary Liu
Tags: Bitcoin,BitGo,Custody,Digital Asset,Galaxy Digital Ventures,Goldman Sachs,Institutional Investor
Link: BitGo's Digital Assets Under Custody Exceed $16 Billion For The First Time [Copy]
