BitGo / 1:27 pm

BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody

BitGo has hired Richard J. Corcoran, a long-time veteran of the trust company industry, to head the crypto security startup’s institutional custody business. Announced Thursday, Corcoran will oversee billions of dollars in value as CEO of a recently formed division called BitGo Trust Company, one of a growing field of crypto custodians courting hedge funds, […]

BitGo / 6:29 am

Crypto Custodian BitGo Adds New Stablecoins in Bid to Woo Institutions

BitGo has added support for its 101st asset as the crypto custody startup works to offer a wide spectrum of services for institutional investors. Revealed exclusively to CoinDesk, BitGo now handles the Winklevoss brothers’ Gemini dollar (GUSD), which followed its hundredth asset, Circle’s Circle USD (USDC), added on Nov. 6. Both are so-called stablecoins, designed […]

Altcoins / 10:29 pm

Stellar Lumens [XLM] and Dash to be supported on BitGo blockchain security platform

Recently, California-based blockchain security company, BitGo announced their support for two major players in the cryptocurrency market, Dash and Stellar Lumens. The Founder and CEO of BitGo, Mike Belshe stated that both the platforms offer advancement in payments. He added that Dash has been focusing on offering instant payments and one of their unique features is […]

BitGo / 2:30 pm

BitGo Receives Regulatory Approval to Custody Crypto Assets

Crypto security startup BitGo has received approval in the U.S. to act as a qualified custodian for digital assets. The company, which has spent most of 2018 attempting to launch a regulated custodian entity, announced that the BitGo Trust had been approved by the South Dakota Division of Banking on Thursday, meaning it can now offer […]