BitGo Delivers 1st Avalanche Staking Solution From Reputed Custody
BitGo, the entity which has, in the past, successfully stood by and held up the custody for AVAX C-chain, along with the assets created on the Avalanche chain, has now taken the initiative of delivering the very first and the sole Avalanche staking solution, from qualified custody. Further to all of this, the entity has also been effectively instrumental in working on and improving all matters related to the client’s connectivity with the DeFi ecosystem. Now, and in the present scenario, BitGo is in the position of providing a safe and easy AVAX staking solution. This concerns institutional and enterprise partners.
BitGo Refused to Unwind $50 Million in Wrapped Bitcoin for Alameda
Digital asset custodian BitGo refused to allow Alameda Research to unwind $50 million worth of wrapped bitcoin days before the latter firm went into bankruptcy, BitGo CEO Mike Belshe said today in a Twitter Spaces hosted by crypto MakerDAO delegate and founder of Blec Report Chris Blec.
BitGo to Take Custody of FTX Assets in Bankruptcy Procedure
Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange for the duration of the bankruptcy proceedings.
Crypto Custodian BitGo Looks to Raise Funds at a $1.2 Billion Valuation
Crypto custodian BitGo is in preliminary discussions to raise new funds at a $1.2 billion valuation, according to sources with knowledge of the company’s thinking.
