BitGo's New Regulated Custody Platform for Native Tokens in Web3

Monday, 16 September 2024, 11:15

BitGo has launched a regulated custody platform for native protocol tokens, enhancing security for digital assets in the Web3 ecosystem. This platform offers compliant solutions for managing tokens, catering to the rising demand in cryptocurrency investments.
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BitGo's New Regulated Custody Platform for Native Tokens in Web3

Overview of BitGo's Custody Platform

BitGo, a leading United States cryptocurrency custodian, has recently announced its launch of a regulated custody platform specifically for native protocol tokens. The platform has been designed to enhance the security and management of digital assets in the burgeoning Web3 protocols.

Key Features of the Platform

  • Regulatory compliance to safeguard user assets
  • Support for a variety of native tokens
  • Advanced security measures for asset protection

Significance for the Cryptocurrency Market

This launch is significant as it addresses the growing need for reliable custodial services amid increasing cryptocurrency transactions. By catering to Web3 projects, BitGo opens doors for enhanced investment opportunities in the crypto space.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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