BitGo and BiT Global Joint Venture for Diversify Custody Operations

By Novasky | DevPress | 13 Aug 2024


WBTC has been the known and powerful custody solution out there. And bitGO has successfully done business around it. As it's a good custom solution for digital asset, there has been many brands and the projects integration with the BitGO. WBTC being one of the most used asset in the DeFi and the pools you are going to see some use case for the WBTC. 

So the company recently announced about the partner BitGLOBAL integration. And they added the tweet too. 

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Both of these company being in the custody solution here the big global integration only goes to secure more value for the WBTC. And it would also likely to attract the enterprise users. And this means we are going to be seeing some really good progress of the application. In short this sounds like a good direction for the bigGO. 

As the bitgo is a minority shareholder in new venture between the two companies. The WBTC cold storage of the digital asset would be something you have to explore and work around with. So in this direction you have to understand how the company will grow from now onwards for better security and the asset safety. 

You can read more about the BitGo venture here.

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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